RFG Advisory LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 12.5% during the third quarter, HoldingsChannel reports. The firm owned 16,367 shares of the exchange traded fund’s stock after purchasing an additional 1,813 shares during the quarter. RFG Advisory LLC’s holdings in SPDR Gold Shares were worth $5,818,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in shares of SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after acquiring an additional 1,903 shares during the period. Bison Wealth LLC grew its stake in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 2,600 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in SPDR Gold Shares during the 1st quarter valued at about $16,014,000. Cerro Pacific Wealth Advisors LLC purchased a new position in shares of SPDR Gold Shares in the second quarter worth about $201,000. Finally, Yarger Wealth Strategies LLC purchased a new position in shares of SPDR Gold Shares in the second quarter worth about $275,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
Key Headlines Impacting SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Dollar weakness and an upcoming U.S. jobs report (NFP) are being cited as catalysts that could force the Fed toward easier policy, which would support gold prices and GLD. Gold (XAUUSD) Price Forecast: Rally Gains Steam as Dollar Weakens, NFP Looms
- Positive Sentiment: Reports point to active safe‑haven buying from outside markets that pushed gold and silver sharply higher — a direct demand driver for GLD. Safe-haven demand, outside markets push gold, silver sharply higher
- Positive Sentiment: Rising U.S.–Iran tensions continue to lift gold’s safe‑haven appeal, supporting flows into gold ETFs like GLD. Gold Rises Amid Growing U.S.-Iran Tensions
- Positive Sentiment: SocGen and market coverage note tokenized‑gold platforms are expanding liquidity and market access for bullion, a structural tailwind for long‑term ETF demand. Tokenized gold is having a major impact on the broader bullion market – SocGen
- Neutral Sentiment: Analysts warn gold and silver have entered a higher‑volatility regime — this increases trading opportunities but means larger intraday swings for GLD. Gold and silver enter a new high-volatility regime – Heraeus
- Neutral Sentiment: Multiple previews note upcoming inflation and jobs releases are likely to decide near‑term direction — these macro data points are event risks that can swing GLD either way. Gold News: Inflation and Jobs Data Could Decide Gold Market Direction This Week
- Negative Sentiment: WSJ flags a possible short‑term technical correction after recent record‑like closes in front‑month futures — technicians may sell into strength, pressuring GLD. Gold Falls on Possible Technical Correction
- Negative Sentiment: Some market notes warn the recent rally could be a bull trap unless key moving averages hold; traders should watch the 50‑day MA and volume for conviction. Gold (XAUUSD) Price Forecast: Price Prediction – Rally Launch Pad or Bull Trap?
SPDR Gold Shares Trading Up 2.5%
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.
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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
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