SPDR Gold Shares $GLD Shares Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 14.4% in the third quarter, Holdings Channel.com reports. The fund owned 36,818 shares of the exchange traded fund’s stock after purchasing an additional 4,622 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $13,088,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. Laurel Wealth Advisors LLC increased its holdings in SPDR Gold Shares by 31,232.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after purchasing an additional 2,913,079 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of SPDR Gold Shares by 12.2% during the first quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock worth $450,902,000 after buying an additional 169,005 shares during the period. 59 North Capital Management LP grew its stake in shares of SPDR Gold Shares by 76.4% in the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after buying an additional 547,018 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of SPDR Gold Shares by 108.1% in the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after buying an additional 559,507 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in SPDR Gold Shares by 15.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock worth $260,458,000 after acquiring an additional 114,028 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $399.02 on Friday. The company has a market cap of $144.41 billion, a P/E ratio of -32.43 and a beta of 0.09. The stock has a 50-day moving average of $381.49 and a two-hundred day moving average of $341.50. SPDR Gold Shares has a 1-year low of $239.58 and a 1-year high of $403.30.

More SPDR Gold Shares News

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

• Positive Sentiment: Cooling U.S. inflation and rising Fed‑cut bets are lifting gold’s appeal; analysts say softer CPI/consumer‑sentiment data increases the probability of rate cuts, which typically boosts non‑yielding assets like GLD. Read More.
• Positive Sentiment: Spot gold spiked after a weaker final U.S. Consumer Sentiment print and easing inflation expectations, signaling short‑term bullish flows into physical gold and ETFs such as GLD. Read More.
• Positive Sentiment: Tame U.S. CPI prints over the last 48 hours have repeatedly supported gold rallies—this macro backdrop underpins continued investor rotation into gold ETFs. Read More.
• Neutral Sentiment: Technical action is mixed: gold has consolidated in a tight range near record highs with low volatility — a breakout would be bullish, but until that occurs price movement may remain choppy. Read More.
• Neutral Sentiment: Political/newsflow developments could matter over the medium term: an Italian parliamentary panel formally asserting that central‑bank gold belongs to “the people” adds a geopolitical/legal headline but immediate market impact is uncertain. Read More.
• Negative Sentiment: There is intermittent profit‑taking and short‑term pullbacks—several reports note gold retreating from session highs and occasional lower‑volatility trading, which can cap GLD’s upside until a clear breakout. Read More.

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.