MinichMacGregor Wealth Management LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 40.4% during the third quarter, Holdings Channel reports. The institutional investor owned 102,235 shares of the exchange traded fund’s stock after acquiring an additional 29,443 shares during the period. SPDR Gold Shares comprises about 7.1% of MinichMacGregor Wealth Management LLC’s portfolio, making the stock its biggest position. MinichMacGregor Wealth Management LLC’s holdings in SPDR Gold Shares were worth $36,332,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Chapman Financial Group LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $31,000. Traub Capital Management LLC purchased a new stake in SPDR Gold Shares during the second quarter worth $34,000. Kilter Group LLC purchased a new stake in SPDR Gold Shares during the second quarter worth $34,000. Finally, First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares in the second quarter valued at $43,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Down 0.5%
Shares of GLD stock opened at $421.29 on Friday. The stock has a market cap of $158.24 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a fifty-two week low of $249.15 and a fifty-two week high of $426.86. The business has a fifty day simple moving average of $395.73 and a 200-day simple moving average of $355.72.
SPDR Gold Shares News Roundup
- Positive Sentiment: Strong ETF and institutional demand — India recorded record ETF inflows in December and global demand remains robust, supporting bullion-backed funds like GLD. India’s gold market sees standout 2025, December ETF inflows reach all-time high – WGC’s Chacko
- Positive Sentiment: Macro/structural hedge case remains intact — commentary and market notes highlight central-bank buying and sustained AUM growth for GLD, which creates a price floor over the medium term. The 2026 Survival Kit: Gold, Defense, and Trash
- Positive Sentiment: Technical setup shows buyers defending rising averages after a pullback — analysts say pullbacks are finding support and the bullish structure remains, implying potential for another upside leg. Gold (XAU/USD) Price Forecast: Pullback Finds Support as Bull Trend Holds
- Neutral Sentiment: Short-term consolidation and choppy action — multiple technical commentaries note sideways trading near record highs, leaving direction dependent on the next catalyst rather than a clear new trend. Gold Price Analysis – Gold Continues to Consolidate at Highs
- Negative Sentiment: Profit-taking after record highs — several reports point to realized gains and technical corrections as one cause for the pullback, pressuring GLD in the near term. Profit-taking price pressure on gold, silver
- Negative Sentiment: Easing geopolitical risk and a stronger U.S. dollar — cooling U.S.–Iran tensions and firmer U.S. data pushed the dollar up, reducing safe-haven demand and weighing on gold/GLD. Gold (XAUUSD) & Silver Price Forecast: Strong DXY, Iran Calm Push Metals Toward $4,600 and $90 Support
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.
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