Good Steward Wealth Advisors LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 20.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,976 shares of the exchange traded fund’s stock after selling 1,546 shares during the quarter. SPDR Gold Shares accounts for 1.6% of Good Steward Wealth Advisors LLC’s portfolio, making the stock its 19th biggest holding. Good Steward Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $2,368,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of GLD. Bank of Montreal Can purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter worth $556,282,000. Corient Private Wealth LLC lifted its holdings in shares of 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 worth $327,500,000 after buying an additional 559,507 shares during the period. iA Global Asset Management Inc. purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter worth $77,873,000. SG Americas Securities LLC lifted its holdings in shares of SPDR Gold Shares by 25.4% in the 4th quarter. SG Americas Securities LLC now owns 657,871 shares of the exchange traded fund’s stock worth $260,721,000 after buying an additional 133,404 shares during the period. Finally, L & S Advisors Inc lifted its holdings in shares of SPDR Gold Shares by 9,155.0% in the 3rd quarter. L & S Advisors Inc now owns 130,865 shares of the exchange traded fund’s stock worth $46,519,000 after buying an additional 129,451 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.
More SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: U.S. inflation data and tense ceasefire talks weighed on the dollar and pushed bullion higher, a direct positive for GLD’s NAV and investor demand. Update: Gold Climbs as a U.S. Inflation Measure Rose in February, While the U.S. and Iran Dispute Ceasefire Terms
- Positive Sentiment: GLD has recently seen significant inflows, with a reported $511M pickup — direct ETF buying supports GLD shares and indicates investor allocation to gold. Daily ETF Flows: GLD Scoops Up $511M
- Positive Sentiment: World Gold Council data show central banks (including Poland, Uzbekistan and China) buying large volumes in March — steady official demand is a structural tailwind for gold and for GLD. Central banks snap up cheap gold in March with Poland, Uzbekistan and China buying big – World Gold Council
- Positive Sentiment: State Street projects a long-term upside for gold (price targets above current levels), which can encourage allocation into gold ETFs like GLD from institutional investors. State Street sees gold pushing above $5,000 despite near-term headwinds
- Positive Sentiment: Analysts and note-writers argue gold ETFs still have room to attract flows due to safe-haven demand, central-bank buying and geopolitical risks — supportive for GLD demand. Gold ETFs May Still Have More to Offer: Don’t Look Away Yet
- Neutral Sentiment: Technical and near-term forecasts point to upside levels (e.g., tests of $4,800) if dollar and yields stay weak, but these are conditional moves—useful for traders but not guarantees for long-term holders. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests $4800 As Dollar Retreats
- Negative Sentiment: Advisors warn short-term tactical risks remain elevated (liquidity, deleveraging and episodic selloffs). A sustained rise in real yields or a full resolution to geopolitical risk could remove drivers supporting risk-off flows into GLD. Short-term tactical risks remain elevated, but gold prices can still push higher in the next 12 months – BCA’s Ibrahim
SPDR Gold Shares Trading Up 0.8%
Shares of GLD stock opened at $437.91 on Friday. SPDR Gold Shares has a twelve month low of $287.23 and a twelve month high of $509.70. The stock has a market capitalization of $161.02 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The stock has a fifty day simple moving average of $450.36 and a two-hundred day simple moving average of $411.79.
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.
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