SPDR Gold Shares $GLD is Sequent Planning LLC’s 9th Largest Position

Sequent Planning LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 9.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,062 shares of the exchange traded fund’s stock after selling 2,029 shares during the period. SPDR Gold Shares comprises approximately 2.0% of Sequent Planning LLC’s portfolio, making the stock its 9th largest position. Sequent Planning LLC’s holdings in SPDR Gold Shares were worth $8,202,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. WPG Advisers LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at $25,000. Timmons Wealth Management LLC acquired a new stake in SPDR Gold Shares in the 4th quarter valued at about $26,000. Chapman Financial Group LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at about $26,000. Vestwell Advisors LLC purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $27,000. Finally, Eukles Asset Management purchased a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Key SPDR Gold Shares News

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

• Positive Sentiment: Gold gained ground as the U.S. dollar pulled back from recent highs and Treasury yields eased, helping precious metals recover from pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Ground As Dollar Moves Away From Yearly Highs
• Positive Sentiment: Gold found support around the key $4,000 level and bounced as traders bought the dip after recent weakness. Gold Price Analysis – Gold Attempting to Bounce from $4000 Region
• Positive Sentiment: Weaker inflation expectations and slightly better consumer sentiment supported a move higher in spot gold during Friday trading. Spot gold hits session high near 4080/oz after final Consumer Sentiment rises to 49.5, one-year and long-term inflation expectations ease
• Neutral Sentiment: Some analysts still see gold’s longer-term structure as constructive, supported by central bank buying and continued industrial demand in related metals. Gold (XAUUSD) & Silver Price Forecast: Gold Retests $4,010 as Silver Breaks $56.50 Amid Ceasefire — Bearish Turn?
• Negative Sentiment: Multiple market reports warned that gold remains under pressure from a strong dollar, hawkish Fed expectations, and resilient U.S. data, with some analysts calling for deeper downside. Gold (XAU/USD) Price Forecast: Trendline Break Signals Bearish Extension
• Negative Sentiment: Other commentary suggested gold could still fall further, with prices struggling below $4,000 and bearish outlooks pointing to continued downside if support fails. Gold Declines; Prices Could Have Further to Fall

SPDR Gold Shares Stock Performance

GLD stock opened at $373.63 on Friday. The company’s 50 day moving average price is $411.07 and its 200 day moving average price is $427.51. SPDR Gold Shares has a fifty-two week low of $299.89 and a fifty-two week high of $509.70. The firm has a market capitalization of $135.89 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14.

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.