Three Seasons Wealth LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 33.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,007 shares of the exchange traded fund’s stock after selling 11,994 shares during the quarter. SPDR Gold Shares makes up 0.9% of Three Seasons Wealth LLC’s holdings, making the stock its 8th biggest position. Three Seasons Wealth LLC’s holdings in SPDR Gold Shares were worth $9,514,000 at the end of the most recent quarter.
A number of 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 about $26,000. Hopwood Financial Services Inc. purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $27,000. Vestwell Advisors LLC purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $27,000. Steigerwald Gordon & Koch Inc. acquired a new position in SPDR Gold Shares in the 3rd quarter worth about $31,000. Finally, USA Financial Formulas acquired a new position in SPDR Gold Shares in the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares News Roundup
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Fed dovishness and lower yields boosted safe-haven demand for gold, lifting prices and benefiting GLD. Gold Jumps 2.4% as Fed Signals Patience, Trump Weighs Iran War End
- Positive Sentiment: Powell comments that further rate hikes are unlikely reduced rate-risk premia and pushed the dollar and yields lower, supporting gold and GLD. Gold Climbs as Powell Says Interest-Rate Hikes are Unlikely While Reports Say the U.S. May End the Iran War
- Positive Sentiment: Spot gold reclaimed key levels above $4,600 on safe‑haven flows and economic data (JOLTS, consumer confidence) that softened rate‑cut expectations — supportive for GLD flows and price. Spot gold trades above $4,600/oz after U.S. Consumer Confidence rises
- Positive Sentiment: Technical commentary shows gold testing resistance and potential breakout targets — momentum break could attract momentum and CTA flows into GLD. Gold (XAU/USD) Price Forecast: Breakout Targets Key Fibonacci and MA Levels
- Neutral Sentiment: Longer-term bank/upside forecasts remain bullish (UBS, Commerzbank) but depend on rate cuts and sustained safe-haven demand — supportive context but not immediate catalysts. Gold Has Plummeted Since Iran War Began. Why It Could Climb 35% by July.
- Neutral Sentiment: Industry staffing news (Tether cutting two gold traders) is company‑specific to counterparties and unlikely to move GLD directly. Tether cuts two gold traders hired three months ago, source says
- Negative Sentiment: ETF outflows and heavy selling have pressured gold earlier in the month — a headwind for GLD share flows and price if outflows continue. Gold Drops 15% as ETF Outflows Surge, Buyers Begin Stepping In
- Negative Sentiment: Gold remains on track for a large monthly decline amid the Iran war’s market uncertainty — headline risk and volatility can keep investors sidelined and pressure GLD. Gold on track for worst month since 2008 as Iran war enters its fifth week
- Negative Sentiment: Reports that U.S./Iran de‑escalation or end‑of‑war moves could reduce safe‑haven demand, which would be a headwind for GLD if confirmed. Gold Climbs as Powell Says Interest-Rate Hikes are Unlikely While Reports Say the U.S. May End the Iran War
SPDR Gold Shares Trading Up 3.8%
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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