Turtle Creek Wealth Advisors LLC Purchases 2,000 Shares of SPDR Gold Shares $GLD

Turtle Creek Wealth Advisors LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 151.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,317 shares of the exchange traded fund’s stock after purchasing an additional 2,000 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $1,179,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in GLD. Tradewinds LLC. grew its holdings in SPDR Gold Shares by 516.7% in the 3rd quarter. Tradewinds LLC. now owns 6,198 shares of the exchange traded fund’s stock valued at $2,203,000 after buying an additional 5,193 shares during the last quarter. HHM Wealth Advisors LLC boosted its position in shares of SPDR Gold Shares by 30.1% in the third quarter. HHM Wealth Advisors LLC now owns 3,711 shares of the exchange traded fund’s stock valued at $1,319,000 after acquiring an additional 859 shares during the period. Courier Capital LLC boosted its position in shares of SPDR Gold Shares by 6.3% in the third quarter. Courier Capital LLC now owns 1,576 shares of the exchange traded fund’s stock valued at $560,000 after acquiring an additional 93 shares during the period. Violich Capital Management Inc. grew its stake in shares of SPDR Gold Shares by 5.2% in the third quarter. Violich Capital Management Inc. now owns 47,898 shares of the exchange traded fund’s stock worth $17,026,000 after acquiring an additional 2,351 shares during the last quarter. Finally, Inspire Advisors LLC increased its position in SPDR Gold Shares by 22.9% during the third quarter. Inspire Advisors LLC now owns 4,682 shares of the exchange traded fund’s stock worth $1,664,000 after acquiring an additional 871 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Gold price surge: Spot gold rose to new highs, lifting bullion-linked ETFs like GLD as investors seek a safe haven amid renewed trade/geopolitical worries. Gold price surges to new heights, silver lagging
• Positive Sentiment: Technical and momentum outlooks point to further upside: analysts and price forecasts highlight $4,750–$5,000+ gold as realistic targets, supporting continued demand for GLD exposure. Gold (XAUUSD) & Silver Price Forecast: Will $4,750 Gold and $100 Silver Break Out Next?
• Positive Sentiment: Analyst commentary: State Street and other market commentaries say the odds of gold moving to $5,000 are rising, reinforcing narratives that attract ETF inflows. The odds of gold going to $5,000 just keep getting better and better – State Street’s Aakash Doshi
• Positive Sentiment: Investor flows/positioning: Retail and advisory pieces are recommending GLD as a way to play record gold prices, which can drive additional demand for the ETF. Why You Should Play Record Gold Prices with the GLD ETF
• Neutral Sentiment: Sector nuance — miner downgrades: JPMorgan downgraded a gold miner and flagged cost/royalty risks for miners; this weighs on equities but has limited direct impact on GLD, which holds bullion. Leading bank downgrades Hochschild and flags downside risks as Q4 looms for gold miners
• Negative Sentiment: Possible short‑term pullback: overnight coverage flagged a technical correction after the rally; if traders take profits or risk sentiment improves, GLD could see near‑term weakness. Gold Edges Lower on Likely Technical Correction

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $421.29 on Tuesday. SPDR Gold Shares has a one year low of $249.15 and a one year high of $426.86. The company has a fifty day moving average price of $396.59 and a 200 day moving average price of $357.19. 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 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.