TD Waterhouse Canada Inc. Cuts Holdings in SPDR Gold Shares $GLD

TD Waterhouse Canada Inc. reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,868 shares of the exchange traded fund’s stock after selling 3,752 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in SPDR Gold Shares were worth $48,941,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Chapman Financial Group LLC acquired a new stake in SPDR Gold Shares in the second quarter valued at approximately $26,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $31,000. Kilter Group LLC purchased a new position in shares of SPDR Gold Shares during the 2nd quarter valued at approximately $34,000. Traub Capital Management LLC purchased a new position in shares of SPDR Gold Shares during the 2nd quarter valued at approximately $34,000. Finally, First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at $43,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

More SPDR Gold Shares News

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

• Positive Sentiment: Record-high bullion lifts GLD — multiple outlets report gold eclipsing prior records (above $5,200–$5,500/oz), driven by a softer dollar and safe-haven flows; that direct rise in bullion prices is the primary reason GLD is up. Read More.
• Positive Sentiment: Stronger underlying demand — the World Gold Council expects persistent demand this year amid lower rates, bond-market uncertainty and geopolitical risks, supporting ETF flows into GLD. Read More.
• Positive Sentiment: Big private allocations bolster long-term buying — Tether’s CEO said the firm plans to allocate up to 10–15% of its portfolio to physical gold, adding incremental institutional backing for bullion and ETFs. Read More.
• Positive Sentiment: Analyst and options flow optimism — banks and analysts are lifting upside targets (some to $6,000+), and options activity shows traders positioning for further rallies, which can support ETF inflows. Read More.
• Neutral Sentiment: Geopolitical risk is a transient but meaningful driver — renewed Iran tensions and other risks are cited as near-term safe-haven catalysts; impact may fade if tensions ease. Read More.
• Neutral Sentiment: Fed commentary is mixed — Fed Chair Powell has publicly downplayed the rally and reiterated Fed credibility even as markets price a more dovish path; Fed messaging could either rein in or fail to dent speculative flows. Read More.
• Negative Sentiment: Technical/mania warnings increase pullback risk — several technical analysts call the move “blow-off” style (RSI/parabolic readings like 1980) and flag overbought conditions that could trigger sharp profit-taking or a correction. Read More.
• Negative Sentiment: Short-term profit-taking signals — some market reports note intraday/overnight technical pullbacks and practitioners warning of a likely correction, which could temporarily weigh on GLD if bullion retreats. Read More.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $494.56 on Thursday. The firm has a fifty day moving average of $408.20 and a 200 day moving average of $364.38. The firm has a market cap of $186.70 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $253.30 and a one year high of $495.88.

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.