HB Wealth Management LLC Acquires 9,954 Shares of SPDR Gold Shares $GLD

HB Wealth Management LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,182 shares of the exchange traded fund’s stock after purchasing an additional 9,954 shares during the period. HB Wealth Management LLC’s holdings in SPDR Gold Shares were worth $23,526,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. American National Bank & Trust raised its stake in SPDR Gold Shares by 52.4% in the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 100 shares in the last quarter. StrongBox Wealth LLC grew its stake in SPDR Gold Shares by 10.1% during the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after buying an additional 136 shares in the last quarter. Beaumont Financial Advisors LLC increased its holdings in SPDR Gold Shares by 6.5% in the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after buying an additional 215 shares during the period. TD Private Client Wealth LLC raised its position in shares of SPDR Gold Shares by 14.6% in the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after buying an additional 6,540 shares in the last quarter. Finally, ST Germain D J Co. Inc. raised its position in shares of SPDR Gold Shares by 151.5% in the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after buying an additional 835 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Down 1.0%

NYSEARCA GLD opened at $409.23 on Thursday. The firm has a market capitalization of $152.36 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s 50 day simple moving average is $388.33 and its 200 day simple moving average is $350.49. SPDR Gold Shares has a 1 year low of $244.51 and a 1 year high of $418.45.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Central banks remain net buyers, supporting structural demand for gold which underpins GLD’s long?term case. Central banks bought 45 tonnes of gold in November, Poland leads purchases once again – World Gold Council
• Positive Sentiment: Geopolitical tensions (Venezuela, regional risks) and related safe?haven flows have propelled gold rallies that support GLD inflows. Gold and Silver Prices Are Surging Again Following Venezuela Developments
• Positive Sentiment: Technicals show the bullish trend reasserting after pullbacks (reclaiming key moving averages and support levels), keeping upside targets in play for GLD. Gold (XAU/USD) Price Forecast: Bull Trend Reasserts Toward Record Highs
• Positive Sentiment: World Gold Council says mine output will peak in 2027 and then plateau, which supports the medium?term supply/demand story for gold. Gold mining output to peak in 2027 with gradual plateau rather than sharp drop – World Gold Council
• Neutral Sentiment: Market commentary and intraday entry levels provide trading guidance but are not single catalysts for GLD’s direction; helpful for active traders managing short?term exposure. Gold market analysis for January 7 – key intra-day price entry levels for active traders
• Neutral Sentiment: Analysts note industrial demand and fib/technical levels are guiding moves — supportive long term but adding short?term noise. Gold (XAUUSD) & Silver Price Forecast: Industrial Demand and Fib Levels Guide Moves
• Negative Sentiment: Short?term profit?taking after a strong rally has pulled prices back and pressured GLD intraday. Gold (XAUUSD), Silver, Platinum Forecasts – Precious Metals Pull Back Amid Profit-Taking
• Negative Sentiment: Deutsche Bank warns index rebalancing (Jan 9–15) could trigger mechanical selling in precious?metals ETFs, a tangible headwind for GLD flows. Gold and silver face January headwind as index rebalancing looms
• Negative Sentiment: Stronger U.S. activity/jobs data (ISM Services PMI, ADP) lifted risk appetite and the dollar at times, reducing gold demand and pressuring GLD. Spot gold trades near session low after ISM Services PMI rises to 54.4 in December
• Negative Sentiment: Bears in silver charts and cross?metal weakness can spill into gold sentiment, amplifying short?term selling pressure on GLD. Gold, silver down; bearish chart pattern in silver spooks bulls

SPDR Gold Shares Profile

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.