TD Asset Management Inc Sells 247,533 Shares of SPDR Gold Shares $GLD

TD Asset Management Inc trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 36.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 437,618 shares of the exchange traded fund’s stock after selling 247,533 shares during the period. TD Asset Management Inc owned about 0.12% of SPDR Gold Shares worth $155,560,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in GLD. Brighton Jones LLC lifted its position in shares of SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after acquiring an additional 1,903 shares during the period. Bison Wealth LLC raised its stake in shares of SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in SPDR Gold Shares in the first quarter worth $16,014,000. Schnieders Capital Management LLC. boosted its stake in SPDR Gold Shares by 4.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock worth $1,829,000 after buying an additional 275 shares in the last quarter. Finally, Advisory Alpha LLC boosted its stake in SPDR Gold Shares by 12.6% during the second quarter. Advisory Alpha LLC now owns 2,572 shares of the exchange traded fund’s stock worth $784,000 after buying an additional 287 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Major bank and market-house price targets and macro flow support higher gold over the medium term — J.P. Morgan projects a ~22% rise to $6,300 by year‑end 2026, and MKS PAMP says the bull market is mid‑cycle with upside toward $6,750, underpinning long‑term demand for GLD. Gold price will rise 22% above current level to reach $6,300 by year-end 2026 – J.P. Morgan Gold bull market still ‘mid-cycle,’ could reach $6,750 by U.S. Midterms: MKS PAMP
• Positive Sentiment: Inflation data (Core PCE) surprised to the upside, renewing safe‑haven and inflation‑hedge demand that benefits GLD’s flows. The Fed’s Favorite Inflation Measure Leapfrogs The CPI
• Positive Sentiment: Geopolitical tension and a softer US dollar continue to prop bullion prices, keeping structural buyer interest in ETFs like GLD intact. Gold and Silver Analysis: Geopolitical Risks and Weak Dollar Drive Bullish Momentum
• Neutral Sentiment: Technical analysis shows key Fibonacci and moving‑average support holding near current levels, which could extend the rally if buyers re‑enter; but it’s conditional on price staying above those zones. Gold (XAU/USD) Price Forecast: Buyers Hold Key Fibonacci Support
• Neutral Sentiment: Silver and platinum strength (technical buying and sector momentum) is supporting precious‑metals ETFs broadly, which can help GLD if the rally resumes. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Soars Above $90.00 As Rally Continues Silver leads gold higher on technical buying
• Negative Sentiment: Near‑term risk: analysts warn bulls need to clear $5,200–$5,300 (spot gold levels referenced in market commentary) or momentum exhaustion and profit‑taking could trigger a deeper pullback, with one call noting a potential drop toward $4,380/oz. That kind of pullback pressures GLD. Gold bulls need to break $5,200 and $5,300 soon or momentum exhaustion could see gold fall as far as $4,380/oz – Forex.com’s Hilal
• Negative Sentiment: Short‑term profit‑taking, position adjustments and intermittent dollar/equity strength have already knocked gold off recent highs, driving short‑term outflows and pressuring GLD intraday. Update: Gold Falls Off a Three-Week High as the Dollar and Equities Rise Gold Edges Higher Amid Possible Position Adjustments

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $473.42 on Thursday. The firm has a fifty day moving average of $437.57 and a 200-day moving average of $385.57. The stock has a market cap of $179.95 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52-week low of $261.25 and a 52-week high of $509.70.

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.