First National Trust Co decreased its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 18.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 234,571 shares of the exchange traded fund’s stock after selling 52,535 shares during the quarter. SPDR Gold Shares accounts for about 2.9% of First National Trust Co’s investment portfolio, making the stock its 7th largest holding. First National Trust Co’s holdings in SPDR Gold Shares were worth $83,383,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mccarter Private Wealth Services LLC grew its holdings 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 in the last quarter. Norris Perne & French LLP MI boosted its position 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 period. Revisor Wealth Management LLC grew its stake 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 valued at $452,000 after acquiring an additional 29 shares in the last quarter. Halbert Hargrove Global Advisors LLC increased its holdings 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 valued at $96,000 after purchasing an additional 29 shares during the period. Finally, Phil A. Younker & Associates Ltd. lifted its position in shares of SPDR Gold Shares by 4.0% in the third quarter. Phil A. Younker & Associates Ltd. now owns 781 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 30 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
Trending Headlines about SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Dollar weakness and an upcoming U.S. jobs report (NFP) are being cited as catalysts that could force the Fed toward easier policy, which would support gold prices and GLD. Gold (XAUUSD) Price Forecast: Rally Gains Steam as Dollar Weakens, NFP Looms
- Positive Sentiment: Reports point to active safe‑haven buying from outside markets that pushed gold and silver sharply higher — a direct demand driver for GLD. Safe-haven demand, outside markets push gold, silver sharply higher
- Positive Sentiment: Rising U.S.–Iran tensions continue to lift gold’s safe‑haven appeal, supporting flows into gold ETFs like GLD. Gold Rises Amid Growing U.S.-Iran Tensions
- Positive Sentiment: SocGen and market coverage note tokenized‑gold platforms are expanding liquidity and market access for bullion, a structural tailwind for long‑term ETF demand. Tokenized gold is having a major impact on the broader bullion market – SocGen
- Neutral Sentiment: Analysts warn gold and silver have entered a higher‑volatility regime — this increases trading opportunities but means larger intraday swings for GLD. Gold and silver enter a new high-volatility regime – Heraeus
- Neutral Sentiment: Multiple previews note upcoming inflation and jobs releases are likely to decide near‑term direction — these macro data points are event risks that can swing GLD either way. Gold News: Inflation and Jobs Data Could Decide Gold Market Direction This Week
- Negative Sentiment: WSJ flags a possible short‑term technical correction after recent record‑like closes in front‑month futures — technicians may sell into strength, pressuring GLD. Gold Falls on Possible Technical Correction
- Negative Sentiment: Some market notes warn the recent rally could be a bull trap unless key moving averages hold; traders should watch the 50‑day MA and volume for conviction. Gold (XAUUSD) Price Forecast: Price Prediction – Rally Launch Pad or Bull Trap?
SPDR Gold Shares Stock Up 2.5%
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.
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