RKL Wealth Management LLC Purchases New Position in SPDR Gold Shares $GLD

RKL Wealth Management LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,412 shares of the exchange traded fund’s stock, valued at approximately $1,213,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mccarter Private Wealth Services LLC boosted its position in shares of SPDR Gold Shares by 3.2% during the third quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock valued at $309,000 after buying an additional 27 shares during the last quarter. Norris Perne & French LLP MI boosted its holdings in SPDR Gold Shares by 3.3% during the 3rd quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock worth $310,000 after acquiring an additional 28 shares during the last quarter. Revisor Wealth Management LLC boosted its holdings in SPDR Gold Shares by 2.4% during the 3rd quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock worth $452,000 after acquiring an additional 29 shares during the last quarter. Halbert Hargrove Global Advisors LLC grew its stake in shares of SPDR Gold Shares by 12.0% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock worth $96,000 after acquiring an additional 29 shares in the last quarter. Finally, Patten Group Inc. raised its holdings in shares of SPDR Gold Shares by 0.5% in the third quarter. Patten Group Inc. now owns 5,592 shares of the exchange traded fund’s stock valued at $1,988,000 after purchasing an additional 29 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD opened at $473.42 on Thursday. SPDR Gold Shares has a fifty-two week low of $261.25 and a fifty-two week high of $509.70. The firm has a market capitalization of $179.95 billion, a P/E ratio of -32.43 and a beta of 0.09. The company’s 50-day moving average is $437.57 and its 200 day moving average is $385.57.

More SPDR Gold Shares News

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

• Positive Sentiment: FXEmpire reports gold “smashes $5,200” as Trump’s tariffs and U.S.–Iran tensions fuel a flight to safety, supporting GLD demand and momentum toward higher targets. Gold (XAUUSD) & Silver Price Forecast: Geneva Talks & Trade Wars – Gold’s New Peak?
• Positive Sentiment: Technical studies show buyers holding key Fibonacci and moving‑average support near current levels, indicating the rally toward $5,300+ remains intact — a technical tailwind for GLD. Gold (XAU/USD) Price Forecast: Buyers Hold Key Fibonacci Support
• Positive Sentiment: Macro forecasts from major banks (J.P. Morgan, Natixis, MKS PAMP) are pushing multi‑year upside scenarios (e.g., targets in the $6,000+ range), reinforcing investor narrative that GLD benefits from sustained upside. Gold price will rise 22% above current level to reach $6,300 by year-end 2026 – J.P. Morgan
• Positive Sentiment: Equity futures slipped amid U.S.–Iran talk risks, a market dynamic that historically boosts gold and GLD as investors rotate into safe havens. Dow Jones & Nasdaq 100 Slip on US-Iran Talks Risk
• Neutral Sentiment: WSJ and other reports note gold is steady ahead of diplomatic talks — indicating markets are watching newsflow closely but not yet overreacting. Gold Steady Ahead of U.S.-Iran Talks
• Neutral Sentiment: A popular retail/options trade highlighted by Yahoo (WSB trader turning cheap GLD options into a six‑figure payoff) signals heightened retail interest and liquidity flows into GLD-related derivatives — watch for short-term volatility. ‘Anyone Not Buying Gold Hates Money’: WSB Trader Turns $4 GLD Options Into $51K as ‘Shiny Rocks’ Bet Pays Off
• Negative Sentiment: Several pieces warn of profit‑taking and technical exhaustion: analysts say bulls need decisive breaks above $5,200–$5,300 soon or gold could retreat substantially, which would pressure 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: Earlier sessions showed gold slipping off a three‑week high as the dollar and equities briefly rose — a reminder GLD can give back gains if risk sentiment or the dollar reverses. Update: Gold Falls Off a Three-Week High as the Dollar and Equities Rise

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.