Primoris Wealth Advisors LLC Has $502,000 Position in SPDR Gold Shares $GLD

Primoris Wealth Advisors LLC lessened its position in SPDR Gold Shares (NYSEARCA:GLD) by 90.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,412 shares of the exchange traded fund’s stock after selling 12,655 shares during the period. Primoris Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $502,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Chapman Financial Group LLC bought a new position in SPDR Gold Shares during the second quarter worth about $26,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $31,000. Kilter Group LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $34,000. Traub Capital Management LLC bought a new position in shares of SPDR Gold Shares during the 2nd quarter worth approximately $34,000. Finally, First Command Advisory Services Inc. acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth approximately $43,000. 42.19% of the stock is owned by institutional investors.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Criminal probe into Fed Chair Jerome Powell and political pressure on the Fed have revived fears about central‑bank independence, weakening the dollar and driving investors into gold/GLD as a haven. ‘Sell America’ trade: Dollar drops, gold surges as Trump’s Fed pressure campaign raises fears about U.S. system
• Positive Sentiment: Escalating geopolitical tensions (Iran unrest, Venezuela, and other flashpoints) have increased safe‑haven flows into gold and related ETFs like GLD, helping push prices to new highs. Geopolitical chaos fuels gold and silver rally toward key milestones – Solomon Global’s Cawley
• Positive Sentiment: Growing rate‑cut odds and broad dollar weakness are lifting bullion as an inflation/real‑rate hedge; market commentary highlights record gold prints and ETF inflows benefiting GLD. Gold (XAUUSD) & Silver Price Forecast: Safe‑Haven Surge Lifts XAU Above $4,600 as XAG Eyes $86 Breakout
• Neutral Sentiment: Several market reports note powerful rallies and intra‑day trading levels for active traders; this technical guidance can increase volatility but doesn’t change the fundamental bid for GLD. Gold market analysis for January 12 – key intra-day price entry levels for active traders
• Neutral Sentiment: Analysts flag momentum and technical breakouts that support medium‑term upside, but emphasize that headline risk (policy and geopolitics) will keep intraday moves choppy for GLD. Gold and Silver Analysis: Geopolitical Risks and Fed Cut Bets Drive Bullish Breakouts
• Negative Sentiment: Near‑term CPI risk and a firmer U.S. dollar ahead of inflation data could trigger technical profit‑taking and short‑term pullbacks in gold and GLD. Gold (XAUUSD) & Silver Price Forecast: Gold Slips Ahead of CPI, Silver Stays Bullish

SPDR Gold Shares Trading Up 1.9%

GLD opened at $422.23 on Tuesday. The stock’s fifty day simple moving average is $391.15 and its 200 day simple moving average is $353.08. SPDR Gold Shares has a 1-year low of $245.15 and a 1-year high of $425.74. The stock has a market cap of $157.49 billion, a PE 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.