Mackenzie Financial Corp Sells 10,623 Shares of SPDR Gold Shares $GLD

Mackenzie Financial Corp lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 8.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 122,142 shares of the exchange traded fund’s stock after selling 10,623 shares during the period. Mackenzie Financial Corp’s holdings in SPDR Gold Shares were worth $43,418,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC grew its position in SPDR Gold Shares by 31,232.8% in the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after acquiring an additional 2,913,079 shares in the last quarter. Bank of Montreal Can acquired a new stake in shares of SPDR Gold Shares in the third quarter worth about $556,282,000. Corient Private Wealth LLC boosted its stake in shares of SPDR Gold Shares by 108.1% during 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 acquiring an additional 559,507 shares in the last quarter. Harvard Management Co. Inc. bought a new stake in shares of SPDR Gold Shares during the 2nd quarter worth about $101,508,000. Finally, Quadrature Capital Ltd acquired a new position in shares of SPDR Gold Shares during the 2nd quarter valued at about $99,996,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $466.88 on Friday. The stock’s 50 day simple moving average is $453.05 and its 200 day simple moving average is $397.79. SPDR Gold Shares has a twelve month low of $271.55 and a twelve month high of $509.70. The company has a market capitalization of $177.46 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.

More SPDR Gold Shares News

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

• Positive Sentiment: Geopolitical risk continues to underpin demand for gold as Iran tensions keep volatility elevated and intermittently draw safe‑haven flows. Gold (XAUUSD) & Silver Price Forecast: Iran Tensions Fuel Volatility – Will Gold Test $5,020?
• Positive Sentiment: Risk‑off episodes are still attracting dip buyers into gold, providing intraday support despite macro headwinds. Gold Price Analysis – Gold Continues to See Buyers in Risk Aversion
• Positive Sentiment: Some market commentary shows mild price gains and pauses rather than a clear downtrend, signaling that episodic buying could limit losses for GLD. Mild price gains in gold as market pauses
• Neutral Sentiment: World Gold Council research argues physical supply and price dynamics are structurally resilient — a longer‑term supportive backdrop but not a near‑term price driver. Gold supply and price are extremely resistant to depletion or potential manipulation by miners – World Gold Council
• Neutral Sentiment: Analysts note gold is a crowded trade and that “smart money” is repositioning (some into miners/digital gold products), which could shift flows between GLD and other gold exposures. Analyst Jim Wyckoff Says Gold Is A Crowded Trade—Here’s What Smart Money’s Buying
• Neutral Sentiment: Coverage of junior miners and miner fundamentals suggests equities could outperform if bullion stays elevated — relevant for gold stocks but only indirectly for GLD. Cash-starved junior miners poised for next leg of gold equity rally – Crescat’s Kevin Smith
• Negative Sentiment: Recent technical analysis identifies a bearish flag/wedge breakdown that could open the door to further downside in spot gold — a direct bearish signal for GLD flows. Gold (XAU/USD) Price Forecast: Bear Flag Signals Further Weakness
• Negative Sentiment: A firmer U.S. dollar and rising Treasury yields — driven by hawkish Fed expectations and higher oil/inflation expectations — are pressuring gold prices and weighing on GLD. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Dollar Tests New Highs
• Negative Sentiment: Coverage highlights oil-driven inflation worries lifting yields and denting gold’s appeal, contributing to recent price declines. Gold Falls as Rising Oil Prices Spur Inflation Worries

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.