SPDR Gold Shares $GLD Shares Sold by Sharkey Howes & Javer

Sharkey Howes & Javer cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 39.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,532 shares of the exchange traded fund’s stock after selling 5,566 shares during the quarter. Sharkey Howes & Javer’s holdings in SPDR Gold Shares were worth $3,033,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. TPG Advisors LLC raised its holdings in shares of SPDR Gold Shares by 2.6% during the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after acquiring an additional 33 shares during the last quarter. Tsfg LLC raised its stake in SPDR Gold Shares by 0.9% in the 2nd quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock valued at $1,104,000 after purchasing an additional 33 shares during the last quarter. Seeds Investor LLC raised its stake in SPDR Gold Shares by 3.5% in the 2nd quarter. Seeds Investor LLC now owns 976 shares of the exchange traded fund’s stock valued at $298,000 after purchasing an additional 33 shares during the last quarter. Helen Stephens Group LLC lifted its holdings in SPDR Gold Shares by 2.0% in the 3rd quarter. Helen Stephens Group LLC now owns 1,721 shares of the exchange traded fund’s stock valued at $612,000 after purchasing an additional 33 shares in the last quarter. Finally, Quotient Wealth Partners LLC boosted its stake in SPDR Gold Shares by 2.0% during the 3rd quarter. Quotient Wealth Partners LLC now owns 1,719 shares of the exchange traded fund’s stock worth $611,000 after purchasing an additional 33 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.1%

Shares of NYSEARCA GLD opened at $399.02 on Friday. The firm has a 50-day simple moving average of $381.49 and a 200-day simple moving average of $341.73. The stock has a market capitalization of $144.41 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $239.58 and a 52 week high of $403.30.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Cooling U.S. inflation and rising Fed?cut bets are lifting gold’s appeal; analysts say softer CPI/consumer?sentiment data increases the probability of rate cuts, which typically boosts non?yielding assets like GLD. Read More.
• Positive Sentiment: Spot gold spiked after a weaker final U.S. Consumer Sentiment print and easing inflation expectations, signaling short?term bullish flows into physical gold and ETFs such as GLD. Read More.
• Positive Sentiment: Tame U.S. CPI prints over the last 48 hours have repeatedly supported gold rallies—this macro backdrop underpins continued investor rotation into gold ETFs. Read More.
• Neutral Sentiment: Technical action is mixed: gold has consolidated in a tight range near record highs with low volatility — a breakout would be bullish, but until that occurs price movement may remain choppy. Read More.
• Neutral Sentiment: Political/newsflow developments could matter over the medium term: an Italian parliamentary panel formally asserting that central?bank gold belongs to “the people” adds a geopolitical/legal headline but immediate market impact is uncertain. Read More.
• Negative Sentiment: There is intermittent profit?taking and short?term pullbacks—several reports note gold retreating from session highs and occasional lower?volatility trading, which can cap GLD’s upside until a clear breakout. Read More.

SPDR Gold Shares Company 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.