Taylor & Morgan Wealth Management LLC raised its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 200.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,235 shares of the exchange traded fund’s stock after purchasing an additional 6,163 shares during the period. SPDR Gold Shares makes up about 2.1% of Taylor & Morgan Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Taylor & Morgan Wealth Management LLC’s holdings in SPDR Gold Shares were worth $3,660,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Brighton Jones LLC raised its holdings in SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after acquiring an additional 1,903 shares in the last quarter. Bison Wealth LLC grew its holdings in shares of SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of SPDR Gold Shares in the first quarter worth $16,014,000. Schnieders Capital Management LLC. increased its position in shares of SPDR Gold Shares by 4.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock worth $1,829,000 after purchasing an additional 275 shares during the period. Finally, Prudential Financial Inc. acquired a new position in SPDR Gold Shares in the second quarter valued at about $337,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
More SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: FXEmpire technical analysis says gold has strengthened above key moving averages and is targeting a confluence resistance zone between $4,874 and $5,000 if support holds — bullish momentum that supports GLD flows. Gold (XAU/USD) Price Forecast: Bullish Recovery Eyes $5,000 Confluence Zone
- Positive Sentiment: Another FXEmpire piece highlights a rally toward a $4,850–$5,028 resistance cluster as the U.S. dollar weakens — dollar softness tends to lift GLD. Gold (XAUUSD) Price Forecast: Gold Price Targets $4850.68–$5028.04 Resistance Cluster
- Positive Sentiment: Kitco and other reports note gold and silver rallies on USDX selling off and dips in bond yields — macro drivers that typically lift GLD’s NAV and investor demand. Gold, silver extend price rallies amid weaker USDX, dip in bond yields
- Positive Sentiment: Market reaction to Fed comments (Powell signaling patience) and news of a potential de‑escalation in the Middle East pushed bullion higher — a direct support for GLD fund flows. Gold Jumps 2.4% as Fed Signals Patience, Trump Weighs Iran War End
- Neutral Sentiment: Investopedia notes gold’s disappointing Q1 but says Wall Street maintains forecasts — suggests longer-term analyst support even after short-term weakness. Gold Had a Disappointing First Quarter. Here’s Why Wall Street Is Sticking to Its Forecasts
- Neutral Sentiment: Options piece (Barchart) highlights GLD as a candidate for collar strategies — useful tactical idea for investors wanting exposure with downside protection. A ‘Golden’ Way to Trade the Volatility in Gold Prices for Low-Risk, High-Reward
- Neutral Sentiment: Reuters reports Tether cut two recently hired gold traders — a market-structure item without clear direct impact on GLD flows. Tether cuts two gold traders hired three months ago, source says
- Negative Sentiment: Kitco contributor Avi Gilburt warns technical risks could trigger a deeper correction toward $3,800 — a sharp downside scenario that would weigh on GLD. Gold faces deeper correction toward $3,800 as technical risks build – Avi Gilburt
- Negative Sentiment: CNBC notes gold is on track for its worst month since 2008 as the Iran war continues — persistent macro/geopolitical pressure that can keep investor caution elevated. Gold on track for worst month since 2008 as Iran war drags on
SPDR Gold Shares Stock Up 1.7%
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.
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