SPDR Gold Shares $GLD Shares Newly Bought by Enclave Advisors LLC

Enclave Advisors LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,888 shares of the exchange traded fund’s stock, valued at approximately $719,000.

Other large investors also recently made changes to their positions in the company. MFA Wealth Services raised its stake in shares of SPDR Gold Shares by 3.5% in the 3rd quarter. MFA Wealth Services now owns 4,122 shares of the exchange traded fund’s stock valued at $1,570,000 after acquiring an additional 138 shares in the last quarter. Salem Investment Counselors Inc. lifted its holdings in SPDR Gold Shares by 12.3% in the 3rd quarter. Salem Investment Counselors Inc. now owns 1,695 shares of the exchange traded fund’s stock worth $646,000 after purchasing an additional 185 shares during the last quarter. Ulland Investment Advisors LLC lifted its holdings in SPDR Gold Shares by 1,060.9% in the 3rd quarter. Ulland Investment Advisors LLC now owns 1,335 shares of the exchange traded fund’s stock worth $508,000 after purchasing an additional 1,220 shares during the last quarter. Signal Advisors Wealth LLC boosted its position in SPDR Gold Shares by 13.9% during the third quarter. Signal Advisors Wealth LLC now owns 15,194 shares of the exchange traded fund’s stock worth $5,786,000 after purchasing an additional 1,856 shares during the period. Finally, Ulrich Consultants & Investment Group LLC bought a new stake in SPDR Gold Shares during the third quarter worth approximately $1,482,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1%

Shares of SPDR Gold Shares stock opened at $381.67 on Wednesday. SPDR Gold Shares has a 12-month low of $360.12 and a 12-month high of $509.70. The stock has a 50 day moving average price of $398.09 and a two-hundred day moving average price of $401.25. The stock has a market capitalization of $140.91 billion, a P/E ratio of -32.43 and a beta of 0.18.

Key SPDR Gold Shares News

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

• Positive Sentiment: Gold has remained relatively resilient near $4,160–$4,170 per ounce despite elevated bond yields and a firm dollar. Continued investment demand for gold-backed ETFs, including record quarterly inflows of roughly $31 billion across the sector, provides underlying support for GLD. Gold ETF demand defies rising bond yields
• Positive Sentiment: A softer U.S. dollar, lower Treasury yields and retreating oil prices briefly supported precious metals before the inflation report, while gold’s ability to hold above approximately $4,155 signals continuing safe-haven and investment interest. Gold firms as dollar, yields and oil retreat
• Neutral Sentiment: Markets are waiting for U.S. CPI data for clearer guidance on the Federal Reserve’s rate path. A softer-than-expected reading could revive gold, while hotter inflation could reinforce expectations for tighter policy. Gold Steady Ahead of U.S. Inflation Data
• Neutral Sentiment: Technical analysts identify support near $4,066 and resistance around $4,226. A move above resistance could signal a trend reversal, but failure to hold support would indicate additional downside risk for GLD. Gold price forecast and technical levels
• Negative Sentiment: Front-end Treasury yields and the risk of another Federal Reserve rate hike are encouraging traders to cut positions in non-yielding gold ahead of CPI. Higher yields increase the opportunity cost of holding GLD. Metals weaken as yields and Fed hike risk rise
• Negative Sentiment: Kazakhstan plans to sell part of its unusually large gold reserves while favoring attractive dollar assets, potentially adding supply and removing a source of central-bank buying support for bullion. Kazakhstan plans gold sales
• Negative Sentiment: Analysts continue to warn that persistent inflation, elevated yields and a strong dollar could keep gold’s broader downtrend intact. Weakness in silver, including forecasts for a possible move toward $50, also reflects reduced appetite for precious metals. Gold needs a dovish Fed to reverse its downtrend

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.