IFG Advisory LLC Purchases 8,601 Shares of SPDR Gold Shares $GLD

IFG Advisory LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 56.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,959 shares of the exchange traded fund’s stock after purchasing an additional 8,601 shares during the period. IFG Advisory LLC’s holdings in SPDR Gold Shares were worth $8,517,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC grew its stake in shares of SPDR Gold Shares by 31,232.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after buying an additional 2,913,079 shares during the last quarter. First Eagle Investment Management LLC lifted its stake in shares of SPDR Gold Shares by 2.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock worth $899,764,000 after acquiring an additional 66,416 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR Gold Shares by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock valued at $434,701,000 after acquiring an additional 35,619 shares during the period. Corient Private Wealth LLC grew its position in SPDR Gold Shares by 108.1% in the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after acquiring an additional 559,507 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in SPDR Gold Shares by 15.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after acquiring an additional 114,028 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.8%

NYSEARCA:GLD opened at $471.80 on Thursday. The company has a market cap of $179.33 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a twelve month low of $265.64 and a twelve month high of $509.70. The stock has a fifty day simple moving average of $444.77 and a 200-day simple moving average of $391.52.

Key SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical safe‑haven demand: Ongoing U.S.–Iran tensions are boosting gold’s appeal and supporting prices, a primary driver for GLD inflows. Gold Edges Higher Amid Ongoing U.S.-Iran Conflict
• Positive Sentiment: ETF demand pickup: Reports show investors are adding to gold ETFs as the conflict increases safe‑haven flows — directly beneficial to GLD’s assets under management and NAV support. Investors pour into gold ETFs as Iran conflict adds funds appeal
• Positive Sentiment: Structural demand from China: Beijing’s push to build a Hong Kong gold hub could expand physical market infrastructure and long‑term demand for bullion‑backed products like GLD. China ramps efforts establish Hong Kong gold hub
• Positive Sentiment: Sector tailwind: Market commentary highlights a broad “flight to safety” that is lifting gold funds and related names, reinforcing demand momentum for GLD. Markets Seek Shelter as Gold Shines Brightest
• Neutral Sentiment: Retail interest cooling: Coverage notes some retail attention shifting from buying GLD to researching coins, signaling a change in small‑investor behavior but not necessarily reducing institutional flows. Gold Is Up 17% This Year but Reddit Just Shifted From Buying GLD to Googling Coins
• Neutral Sentiment: Heightened volatility: Analysts flag large intraday swings as the dollar and bond markets react to geopolitical and macro news, which can amplify GLD’s day‑to‑day moves. Gold Volatility Surges as U.S.–Iran Tensions Shake US Dollar and Global Markets
• Negative Sentiment: Macro headwinds — stronger dollar & yields: Reduced odds of near‑term Fed cuts and a firmer dollar are pressuring gold prices, creating downside risk for GLD if rate expectations remain elevated. Gold News: Gold Market Wobbles as FedWatch Slashes June Rate Cut to 33.5%
• Negative Sentiment: Technical pressure: Several technical reports point to bearish wedge patterns and potential tests of the 50‑day moving average — signaling possible short‑term pullbacks for GLD despite the broader bullish backdrop. Gold (XAU/USD) Price Forecast: Bearish Wedge Signal Support Test

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.