Spirepoint Private Client LLC bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the third quarter, Holdings Channel reports. The firm bought 2,088 shares of the exchange traded fund’s stock, valued at approximately $742,000.
Several other institutional investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC increased its stake in SPDR Gold Shares by 31,232.8% during the 2nd 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 during the period. Corient Private Wealth LLC boosted its holdings in SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after purchasing an additional 559,507 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in SPDR Gold Shares by 15.4% in the second quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after purchasing an additional 114,028 shares during the period. State Street Corp grew its stake in SPDR Gold Shares by 5.9% during the 2nd quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock worth $260,356,000 after purchasing an additional 47,264 shares in the last quarter. Finally, US Bancorp DE increased its holdings in SPDR Gold Shares by 0.3% during the 2nd quarter. US Bancorp DE now owns 767,160 shares of the exchange traded fund’s stock worth $233,853,000 after purchasing an additional 2,103 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares News Roundup
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: U.S. actions in Venezuela and the ouster/capture of Maduro have stoked geopolitical risk, boosting safe?haven flows into gold and ETFs like GLD. Stock Market Today: Gold Rallies, Oil Slips After U.S. Captures Venezuela’s Maduro
- Positive Sentiment: Multiple FXEmpire forecasts highlight bulls defending the $4,450/oz level and cite dovish Fed expectations as ongoing support — a backdrop that favors GLD inflows. Gold (XAUUSD) & Silver Price Forecast: Bulls Defend $4,450 Gold as Silver Eyes $80.50
- Positive Sentiment: Major research houses and strategists are bullish or constructive on gold for 2026 (Bank of America, State Street), reinforcing investor appetite for gold ETFs as portfolio hedges. Gold will be the primary hedge and performance driver in 2026, silver could top out between $135 and $309 – Bank of America’s Widmer Gold’s rally has further to run, but returns are set to moderate in 2026 – State Street’s Aakash Doshi
- Positive Sentiment: Weak U.S. ISM manufacturing data (PMI drop) and intraday reports of spot gold near $4,450/oz have been cited as catalysts for buyers rotating into gold; that macro soft patch supports GLD demand. Spot gold trades near $4,450/oz after ISM Manufacturing PMI falls to 47.9
- Neutral Sentiment: The World Gold Council and market commentary note oil moves and other commodity drivers will influence gold’s next resistance levels — a mixed signal that could amplify volatility but not alter the safe?haven case. Gold prices will take their cues from oil this week following Venezuela attacks, initial resistance at $4,474/oz – World Gold Council
- Negative Sentiment: Traders also warn of short-term technical corrections after strong overnight gains; that raises the risk of intraday pullbacks in GLD even as the broader trend remains supportive. Gold Edges Lower on Likely Technical Correction
SPDR Gold Shares Stock Performance
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.
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