Cornerstone Wealth Management LLC Buys 2,827 Shares of SPDR Gold Shares $GLD

Cornerstone Wealth Management LLC grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 20.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,424 shares of the exchange traded fund’s stock after acquiring an additional 2,827 shares during the period. Cornerstone Wealth Management LLC’s holdings in SPDR Gold Shares were worth $5,838,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. Laurel Wealth Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 31,232.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after buying an additional 2,913,079 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of SPDR Gold Shares by 108.1% during the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after buying an additional 559,507 shares in the last quarter. TD Asset Management Inc increased its stake in shares of SPDR Gold Shares by 108.4% in the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock valued at $208,855,000 after buying an additional 356,401 shares during the period. Harvard Management Co. Inc. bought a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at about $101,508,000. Finally, Quadrature Capital Ltd acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at about $99,996,000. 42.19% of the stock is owned by institutional investors.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

• Positive Sentiment: Citi says gold remains supported by overlapping geopolitical and economic risks even if some of that support may fade later in 2026 — a medium?term positive for GLD. Citi sees gold supported by risks
• Positive Sentiment: Several analysts characterize today’s sell?off as a healthy correction after January’s parabolic gains and say the broader bullish trend remains intact — supports using dips to add exposure for longer?term bulls. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
• Positive Sentiment: World Gold Council / market commentary expect demand to stay strong as investors reassess risk, providing structural tailwinds for GLD over time. Gold Demand to Remain Strong as Investors Reassess Risk
• Neutral Sentiment: Technical analysts note the move delivered a near?perfect 50% retracement of the recent advance — some see this as a capitulation low, others as a pause before further volatility; watch the $5,210/$4,938 (gold spot equivalents) levels cited by technicians. 50% retracement analysis
• Neutral Sentiment: Intraday entry and support/resistance levels have been published for active traders — useful for timing but not a directional guarantee. Gold market analysis for January 30
• Negative Sentiment: Kevin Warsh’s nomination reduced fears of Fed instability/very dovish policy, lowering immediate safe?haven demand and helping trigger the largest single?day drop in metals in decades. Trump’s Fed Chair Pick Triggers Gold, Silver’s Worst Day Since 1980
• Negative Sentiment: Profit?taking and technical blow?off signals after record highs accelerated the sell?off; commentators warn of further short?term downside and high volatility as stops, margin calls and a stronger dollar feed the move. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know

SPDR Gold Shares Stock Down 10.3%

NYSEARCA GLD opened at $444.95 on Friday. The business has a 50 day moving average price of $412.03 and a 200-day moving average price of $366.25. The company has a market cap of $169.04 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $257.86 and a 52 week high of $509.70.

About SPDR Gold Shares

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.