SYM FINANCIAL Corp lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 123.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,625 shares of the exchange traded fund’s stock after acquiring an additional 2,000 shares during the quarter. SYM FINANCIAL Corp’s holdings in SPDR Gold Shares were worth $1,289,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Nicholson Wealth Management Group LLC lifted its stake in SPDR Gold Shares by 5.0% during the second quarter. Nicholson Wealth Management Group LLC now owns 3,755 shares of the exchange traded fund’s stock valued at $1,145,000 after purchasing an additional 179 shares during the last quarter. Joseph P. Lucia & Associates LLC increased its holdings in shares of SPDR Gold Shares by 8.5% in the second quarter. Joseph P. Lucia & Associates LLC now owns 1,689 shares of the exchange traded fund’s stock valued at $515,000 after buying an additional 132 shares in the last quarter. Princeton Capital Management LLC bought a new position in shares of SPDR Gold Shares in the second quarter valued at $220,000. Spirepoint Private Client LLC acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at $742,000. Finally, FAS Wealth Partners Inc. boosted its stake in shares of SPDR Gold Shares by 71.1% during the 3rd quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after acquiring an additional 8,691 shares in the last quarter. 42.19% of the stock is currently 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: Geopolitical risk is supporting safe-haven demand — renewed Iran tensions have pushed traders into gold, a tailwind for GLD. Gold Rises Amid Ongoing Iran Tensions
- Positive Sentiment: Dollar weakness and expectations the next Fed chair will lean toward easing have helped bullion hit new highs, directly lifting GLD’s NAV and investor flows. Gold’s Glittering Run Pushes Prices Above $5,500
- Positive Sentiment: Institutional demand backdrop remains strong — the World Gold Council expects sustained demand as investors reassess risk, which supports longer-term ETF accumulation (positive for GLD). Gold Demand to Remain Strong as Investors Reassess Risk, WGC Says
- Positive Sentiment: Large private allocations add structural buying — Tether’s plan to allocate up to ~15% of its portfolio to physical gold increases institutional demand for bullion and ETFs. Tether CEO aims to allocate up to 15% of its portfolio to gold
- Positive Sentiment: Gold ETFs are showing elite momentum — several funds (including GLD) are seeing strong inflows and momentum rankings as bullion approaches new psychological levels. Gold ETFs Hit Elite Momentum Tier
- Neutral Sentiment: Macro / strategic views: analysts (including J.P. Morgan) and commentators argue the rally reflects structural hedging demand vs. a pure speculative spike — supportive for GLD over the medium term but dependent on macro rates and currency moves. Here’s How Gold Hits $8,000, According to J.P. Morgan
- Neutral Sentiment: Fed messaging can blunt momentum — Powell has publicly downplayed the implications of the rally, which could temper speculative flows if rate-supportive rhetoric persists. Powell dismisses gold’s rally above $5,300
- Negative Sentiment: Technical/short-term risk of a pullback — several technical reports flagged overbought conditions and profit-taking after record prints, meaning GLD could see short-term volatility and outflows if momentum cools. Gold (XAU/USD) Price Forecast: Volatility Signals Near-Term Pullback Risk
SPDR Gold Shares Stock Up 0.3%
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.
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