Rockland Trust Co. Reduces Stake in SPDR Gold Shares $GLD

Rockland Trust Co. lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.5% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 313,536 shares of the exchange traded fund’s stock after selling 8,201 shares during the quarter. SPDR Gold Shares comprises about 4.6% of Rockland Trust Co.’s portfolio, making the stock its 3rd largest holding. Rockland Trust Co. owned approximately 0.09% of SPDR Gold Shares worth $111,453,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC increased 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 worth $890,837,000 after purchasing an additional 2,913,079 shares during the period. Envestnet Asset Management Inc. grew its holdings in SPDR Gold Shares by 3.0% in 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 buying an additional 35,619 shares in the last quarter. Corient Private Wealth LLC grew its holdings 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 buying an additional 559,507 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in SPDR Gold Shares by 15.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock worth $260,458,000 after buying an additional 114,028 shares during the period. Finally, State Street Corp lifted its holdings in shares of SPDR Gold Shares by 5.9% during the second quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock worth $260,356,000 after buying an additional 47,264 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

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 Stock Performance

Shares of SPDR Gold Shares stock opened at $467.03 on Tuesday. The firm has a 50-day moving average of $419.94 and a 200-day moving average of $372.93. SPDR Gold Shares has a 52-week low of $261.25 and a 52-week high of $509.70. The stock has a market cap of $177.52 billion, a PE ratio of -32.43 and a beta of 0.09.

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.