Kestra Advisory Services LLC Raises Holdings in SPDR Gold Shares $GLD

Kestra Advisory Services LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 427,919 shares of the exchange traded fund’s stock after acquiring an additional 46,120 shares during the quarter. SPDR Gold Shares accounts for 0.7% of Kestra Advisory Services LLC’s holdings, making the stock its 19th largest position. Kestra Advisory Services LLC’s holdings in SPDR Gold Shares were worth $184,129,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. WPG Advisers LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth about $25,000. Chapman Financial Group LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth about $26,000. Timmons Wealth Management LLC purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth about $26,000. Vestwell Advisors LLC acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $27,000. Finally, Eukles Asset Management acquired a new stake in shares of SPDR Gold Shares during the 4th quarter valued at about $27,000. 42.19% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Gold traded higher as the U.S. dollar and Treasury yields eased, while renewed fighting in the Middle East boosted demand for safe-haven assets. Update: Gold Moves Higher as Dollar, Yields Drop as Middle East Fighting Resumes
• Positive Sentiment: Gold reclaimed support above $4,100 an ounce and pushed to session highs after weaker U.S. existing home sales data, reinforcing expectations that the metal can attract fresh momentum. Gold price pushes to session highs as U.S. existing home sales drop 2.4%
• Positive Sentiment: Several market strategists said the recent pullback looks like a pause in a longer-term bull market, arguing that central bank buying and portfolio demand continue to support gold and gold-backed funds like GLD. Gold had a rough Q2, but central bank demand will push prices higher through 2026 – Invesco
• Neutral Sentiment: Analysts remain mixed on the near-term setup, with some saying gold may stay rangebound through the summer unless it breaks key resistance levels. Gold prices will be rangebound through the summer – Metals Focus
• Negative Sentiment: Hawkish Federal Reserve minutes, firmer Treasury yields, and rising oil prices have recently pressured gold by increasing the opportunity cost of holding bullion and reviving inflation concerns. Gold slides as Fed minutes, Hormuz oil spike lift yields – Kitco PM Report
• Negative Sentiment: ETF outflows in June show some investors have been reducing gold exposure as expectations for higher rates weigh on sentiment, which could limit upside for GLD if bond yields stay elevated. Investors flee gold ETFs in June as hawkish Fed expectations drive liquidation

SPDR Gold Shares Stock Up 1.0%

Shares of SPDR Gold Shares stock opened at $378.18 on Friday. The firm has a market cap of $132.63 billion, a PE ratio of -32.43 and a beta of 0.17. SPDR Gold Shares has a twelve month low of $300.95 and a twelve month high of $509.70. The business has a 50-day moving average price of $400.42 and a 200 day moving average price of $426.56.

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.