SPDR Gold Shares $GLD Stock: Signal Advisors Wealth LLC Raises Stake

Signal Advisors Wealth LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 13.9% in the 3rd quarter, Holdings Channel reports. The firm owned 15,194 shares of the exchange traded fund’s stock after acquiring an additional 1,856 shares during the quarter. Signal Advisors Wealth LLC’s holdings in SPDR Gold Shares were worth $5,786,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Corient Private Wealth LLC increased its position in shares of SPDR Gold Shares by 571.3% during the fourth quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock valued at $1,565,118,000 after buying an additional 3,360,966 shares during the period. First Eagle Investment Management LLC lifted its holdings in shares of SPDR Gold Shares by 1.5% in the second quarter. First Eagle Investment Management LLC now owns 2,491,623 shares of the exchange traded fund’s stock worth $917,864,000 after buying an additional 35,882 shares in the last quarter. Virtu Financial LLC bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at approximately $474,952,000. Envestnet Asset Management Inc. boosted its position in shares of SPDR Gold Shares by 0.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,169,683 shares of the exchange traded fund’s stock valued at $430,888,000 after acquiring an additional 5,793 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in shares of SPDR Gold Shares by 13.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 938,260 shares of the exchange traded fund’s stock valued at $371,842,000 after acquiring an additional 109,205 shares during the period. Hedge funds and other institutional investors 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: Gold received early support from a softer U.S. dollar, retreating Treasury yields and lower oil prices ahead of the inflation data. Easing yields reduce the opportunity cost of holding non-yielding gold. Gold firms as dollar, yields and oil retreat before CPI
• Positive Sentiment: Chinese institutional and retail buying, along with central-bank diversification, is helping provide a potential floor for bullion prices despite high U.S. yields. Why China is importing a record amount of gold
• Positive Sentiment: Gold-backed ETF demand remained resilient, with investors directing approximately $31 billion into gold ETFs during the third quarter. This suggests underlying investment demand may cushion GLD if prices weaken further. Gold ETF demand defies rising bond yields
• Neutral Sentiment: Stronger U.S. existing-home sales reduced safe-haven demand, but gold was broadly stable as traders awaited the inflation report and major bank earnings. Gold price holding steady as U.S. existing home sales rise
• Negative Sentiment: Front-end Treasury yields and expectations for a possible December Federal Reserve rate hike encouraged investors to cut metals exposure before the inflation data. Higher yields generally weigh on GLD by making interest-bearing assets more attractive. Metals weaken as front-end yields and Hormuz risk offset softer dollar
• Negative Sentiment: Kazakhstan plans to sell part of its unusually large gold reserves because elevated Treasury yields have improved the appeal of dollar assets. The shift from major buyer to seller adds a supply headwind for bullion through the remainder of 2026. Kazakhstan plans gold sales as holdings reach 78% of reserves
• Negative Sentiment: Technical analysts continue to identify downside risk while gold remains below key moving-average resistance. A break below approximately $4,066 could extend the decline, while a sustained move above $4,226 would be needed to signal a bullish reversal. Gold price forecast and breakout levels

SPDR Gold Shares Trading Down 0.1%

Shares of NYSEARCA:GLD opened at $381.67 on Wednesday. The company has a 50 day moving average of $398.09 and a 200 day moving average of $401.25. The stock has a market cap of $140.91 billion, a P/E ratio of -32.43 and a beta of 0.18. SPDR Gold Shares has a 12 month low of $360.12 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.