Larson Financial Group LLC Lowers Position in SPDR Gold Shares $GLD

Larson Financial Group LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,358 shares of the exchange traded fund’s stock after selling 1,139 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Gold Shares were worth $12,569,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its position in shares of SPDR Gold Shares by 4.4% in the third quarter. Integrated Wealth Concepts LLC now owns 79,704 shares of the exchange traded fund’s stock worth $28,333,000 after acquiring an additional 3,349 shares during the period. KADENSA CAPITAL Ltd grew its position in shares of SPDR Gold Shares by 5.8% during the 3rd quarter. KADENSA CAPITAL Ltd now owns 45,234 shares of the exchange traded fund’s stock valued at $16,079,000 after acquiring an additional 2,495 shares during the period. High Falls Advisors Inc grew its position in shares of SPDR Gold Shares by 4.0% during the 3rd quarter. High Falls Advisors Inc now owns 1,206 shares of the exchange traded fund’s stock valued at $429,000 after acquiring an additional 46 shares during the period. Hollow Brook Wealth Management LLC increased its stake in shares of SPDR Gold Shares by 13.1% in the 3rd quarter. Hollow Brook Wealth Management LLC now owns 17,905 shares of the exchange traded fund’s stock valued at $6,365,000 after purchasing an additional 2,069 shares in the last quarter. Finally, Hughes Financial Services LLC increased its stake in shares of SPDR Gold Shares by 29.0% in the 3rd quarter. Hughes Financial Services LLC now owns 645 shares of the exchange traded fund’s stock valued at $244,000 after purchasing an additional 145 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: UBS expects gold to rise materially in 2026, forecasting roughly a 20% upside from current levels — a bullish fundamental note that supports longer-term demand for GLD as an inflation/hedge exposure. Gold is still set to gain 20% above current prices in 2026 – UBS
• Positive Sentiment: Technical bounce signals: reports note a short-term technical recovery after recent Comex weakness, which can drive transient inflows into GLD from tactical traders. Gold Edges Higher on Possible Technical Recovery
• Positive Sentiment: Long-term investor view: commentary highlights GLD’s role for buy-and-hold portfolios as protection against macro risks — supportive for patient, long-duration demand. The SPDR Gold ETF Has Been Good to Long-Term Investors. Here’s Why.
• Neutral Sentiment: Responsible sourcing step: Trafigura will help Venezuela’s Minerven build a responsible gold-sourcing program — a supply-chain development with limited near-term impact on global prices or GLD flows. Trafigura to help Venezuela’s Minerven develop a responsible gold-sourcing programme
• Neutral Sentiment: Price technicals: some market notes show gold holding near support around $5,000 per ounce — suggests stabilization but not a clear trigger for large GLD reallocations. Gold price holding support above $5,000 after Empire State Survey drops -0.2
• Negative Sentiment: Macro headwinds: analysis cites a stronger dollar, rising Treasury yields, liquidity stress and surging oil as reasons gold ETFs haven’t rallied despite geopolitical risk — these factors pressure GLD flows and valuation. A Few Reasons Why Gold ETFs Failed to Surge Amid Iran War
• Negative Sentiment: Rising energy and inflation worries: coverage links higher oil to stronger inflation expectations that could keep rates higher for longer — a clear near-term negative for gold and GLD. Gold Falls as Rising Energy Prices Exacerbate Inflation Worries
• Negative Sentiment: Oil-related Fed risk: analysts warn that oil above $100 could delay Fed cuts and keep yields elevated, creating bearish pressure for gold. Gold (XAUUSD) Price Forecast: Gold Market Faces Bearish Pressure if Oil Stays Above $100
• Negative Sentiment: Liquidity constraints: trading strategists warn that liquidity squeezes can cap rallies and alter optimal allocation tactics, which could limit large GLD inflows during volatile episodes. More than one way to ride a bull – shift tactics in gold as liquidity crunch caps rally, says Tastylive’s Vecchio

SPDR Gold Shares Trading Down 0.1%

Shares of GLD stock opened at $460.43 on Tuesday. SPDR Gold Shares has a 12-month low of $272.58 and a 12-month high of $509.70. The business’s 50 day moving average is $455.34 and its two-hundred day moving average is $401.08. The company has a market capitalization of $175.01 billion, a P/E ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares Company 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.