Vigilare Wealth Management Sells 3,728 Shares of SPDR Gold Shares $GLD

Vigilare Wealth Management lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 31.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,218 shares of the exchange traded fund’s stock after selling 3,728 shares during the period. SPDR Gold Shares comprises about 0.9% of Vigilare Wealth Management’s portfolio, making the stock its 25th largest position. Vigilare Wealth Management’s holdings in SPDR Gold Shares were worth $3,027,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. WPG Advisers LLC purchased a new stake in SPDR Gold Shares in the 4th quarter valued at about $25,000. Timmons Wealth Management LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $26,000. Eukles Asset Management bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $27,000. Private Wealth Management Group LLC purchased a new position in shares of SPDR Gold Shares in the 1st quarter worth approximately $30,000. Finally, Parvin Asset Management LLC bought a new position in shares of SPDR Gold Shares in the first quarter valued at approximately $31,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares News Summary

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

• Positive Sentiment: A sharp decline in crude oil prices is easing inflation pressure and pushing Treasury yields lower, which reduces the opportunity cost of holding non-yielding gold. Tentative U.S.-Iran diplomacy has also reduced geopolitical risk without eliminating demand for precious metals. Gold steadies as oil slump cools inflation pressure, equities rally
• Positive Sentiment: Analysts at abrdn view gold’s ability to hold the $4,000 level as evidence that its longer-term bull-market structure remains intact, potentially making the correction attractive for strategic buyers. Gold’s $4,000 floor offers compelling value
• Positive Sentiment: Structural demand remains a tailwind: Tether purchased roughly 14 metric tonnes of gold in the second quarter, bringing its reserves above 146 tonnes, while central-bank buying reached a quarterly record. This suggests strong physical demand beneath short-term ETF selling and yield-driven weakness.
• Neutral Sentiment: Investors are awaiting July nonfarm payrolls after the Federal Reserve held rates steady. A soft labor report could support gold through lower-rate expectations, while a strong report could strengthen the dollar and Treasury yields.
• Neutral Sentiment: Gold has recently benefited from a technical rebound, but its next direction depends more on the dollar, bond yields and economic data than on traditional safe-haven demand. Kalshi’s launch of short-term gold and silver prediction markets may increase trading activity but does not alter GLD’s fundamentals. Gold rises on technical rebound
• Negative Sentiment: Better-than-expected ISM manufacturing data is giving the Fed more room to focus on inflation, while a rebounding U.S. dollar has pressured gold despite lower yields. GLD also faces periodic outflows as investors favor higher-yielding assets.

SPDR Gold Shares Trading Up 0.0%

Shares of SPDR Gold Shares stock opened at $371.71 on Tuesday. The business’s fifty day simple moving average is $383.06 and its 200 day simple moving average is $422.13. The firm has a market capitalization of $131.44 billion, a P/E ratio of -32.43 and a beta of 0.17. SPDR Gold Shares has a 12 month low of $305.19 and a 12 month high of $509.70.

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.