Good Steward Wealth Advisors LLC Boosts Stock Holdings in SPDR Gold Shares $GLD

Good Steward Wealth Advisors LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 109.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,522 shares of the exchange traded fund’s stock after acquiring an additional 3,923 shares during the quarter. SPDR Gold Shares comprises 1.8% of Good Steward Wealth Advisors LLC’s holdings, making the stock its 17th biggest holding. Good Steward Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $2,674,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of GLD. Abich Financial Wealth Management LLC bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth $1,672,000. Capital Investment Counsel LLC purchased a new stake in SPDR Gold Shares during the third quarter valued at about $266,000. Lynx Investment Advisory lifted its holdings in SPDR Gold Shares by 4.1% during the third quarter. Lynx Investment Advisory now owns 16,298 shares of the exchange traded fund’s stock valued at $5,793,000 after purchasing an additional 639 shares during the last quarter. Atria Investments Inc boosted its position in SPDR Gold Shares by 4.7% during the third quarter. Atria Investments Inc now owns 206,835 shares of the exchange traded fund’s stock worth $73,524,000 after purchasing an additional 9,253 shares during the period. Finally, Verde Servicos Internacionais S.A. increased its stake in shares of SPDR Gold Shares by 20.0% in the third quarter. Verde Servicos Internacionais S.A. now owns 1,200 shares of the exchange traded fund’s stock worth $427,000 after purchasing an additional 200 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 3.5%

Shares of GLD stock opened at $451.39 on Friday. The stock has a market capitalization of $171.57 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm’s 50 day moving average is $424.35 and its 200 day moving average is $375.21. SPDR Gold Shares has a 12 month low of $261.25 and a 12 month high of $509.70.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: Macro outlooks flag a softer U.S. dollar and a structurally bullish case for precious metals in 2026, which supports medium‑term demand for gold and GLD. 2026 Market Outlook
• Positive Sentiment: High‑profile allocation to gold (David Einhorn saying he’s “betting big” on gold) boosts investor demand narrative and validates GLD as a hedge/positioning vehicle. Einhorn Bets on Gold
• Positive Sentiment: State-level demand initiatives (Texas unveiling an official bullion program) could support long‑run physical demand for bullion and ETFs like GLD. Texas Bullion Program
• Neutral Sentiment: Technical and intra‑day analyses show gold hovering near key levels (~$5,000/oz) with mixed signals; this creates higher volatility but not a clear directional bias for GLD until a decisive close. Gold Technicals
• Neutral Sentiment: BCA and other strategists remain long-term bullish but warn that speculative flows can trigger sharp pullbacks — suggests risk management is important for GLD holders. BCA Long but Cautious
• Negative Sentiment: Rapid sell‑off and liquidation in gold/silver markets (front‑month futures down and abrupt price drops) drove heavy intraday weakness that pushed GLD lower as ETF liquidity and redemptions can amplify moves. Rapid Sell-Off
• Negative Sentiment: Strong U.S. jobs data and a firmer dollar pressured gold—several reports note NFP/strong data lifted the dollar, reducing demand for non‑yielding gold and hurting GLD. Jobs Data / Dollar
• Negative Sentiment: Front‑month futures settled down sharply (report cited a 2.9% decline) and WSJ notes prospects of a long Fed pause reduce gold’s appeal versus yield‑bearing assets, weighing on GLD. WSJ: Futures Drop
• Negative Sentiment: A small institutional holder markedly reduced its GLD stake (Allegheny Financial Group trimmed position), a micro signal that may modestly add to selling pressure but is not a market‑moving event by itself. 13F Stake Cut

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.