Farther Finance Advisors LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 21.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 22,310 shares of the exchange traded fund’s stock after buying an additional 3,877 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Gold Shares were worth $7,931,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Euro Pacific Asset Management LLC purchased a new position in SPDR Gold Shares in the 3rd quarter valued at about $247,000. Security Financial Services INC. acquired a new position in shares of SPDR Gold Shares in the third quarter worth about $207,000. Berger Financial Group Inc boosted its holdings in SPDR Gold Shares by 18.4% in the third quarter. Berger Financial Group Inc now owns 3,802 shares of the exchange traded fund’s stock valued at $1,351,000 after purchasing an additional 591 shares during the last quarter. BigSur Wealth Management LLC grew its stake in SPDR Gold Shares by 10.7% during the 3rd quarter. BigSur Wealth Management LLC now owns 14,515 shares of the exchange traded fund’s stock valued at $5,160,000 after purchasing an additional 1,400 shares in the last quarter. Finally, HBK Sorce Advisory LLC increased its holdings in SPDR Gold Shares by 18.8% during the 3rd quarter. HBK Sorce Advisory LLC now owns 8,532 shares of the exchange traded fund’s stock worth $3,176,000 after purchasing an additional 1,350 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 1.3%
Shares of GLD opened at $413.64 on Wednesday. The firm has a market cap of $149.70 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The business’s 50 day moving average is $382.75 and its two-hundred day moving average is $343.41. SPDR Gold Shares has a 52-week low of $239.58 and a 52-week high of $413.76.
Key SPDR Gold Shares News
- Positive Sentiment: Geopolitical risk lifted gold above $4,500/oz, boosting safe-haven demand that favors GLD. Gold Climbs Above $4,500/oz for First Time Amid Rising Geopolitical Tensions
- Positive Sentiment: Technical breakout and momentum: gold hit fresh records and analysts forecast further extensions, attracting momentum traders and ETFs. Gold (XAU/USD) Price Forecast: New Record $4,498 – $4,552 Extension Next
- Positive Sentiment: Strong ETF inflows and institutional demand are supporting GLD accumulation into year-end, reinforcing the upward price trend. Gold Price Outlook – Gold Continues to See Inflows on Tuesday
- Positive Sentiment: Unusual bullish options flow in GLD: over 1.29 million calls were bought on Monday, signaling speculative and hedged positioning that can amplify upside in the ETF.
- Positive Sentiment: Big-bank and long-term forecasts remain bullish (JP Morgan sees materially higher targets), supporting investor conviction in continued gains. JP Morgan sees gold at $5,055 by Q4 2026
- Neutral Sentiment: Macro and structural context: surveys and explainers note that looser Fed bets, central-bank and retail buying, plus physical flows (e.g., China-Russia bullion trade) are underpinning the market. How investors buy gold and what fuels the market
- Neutral Sentiment: General investor guidance and product comparisons (ETFs vs. bullion) are circulating as new and existing investors rebalance into precious metals. How to Invest in Gold
- Negative Sentiment: Short-term pullbacks occurred intraday after US consumer confidence unexpectedly fell, showing that gold (and GLD) can be volatile around US data. Spot gold slides to session low after U.S. Consumer Confidence falls to 89.1 in December
- Negative Sentiment: Mixed US economic releases (e.g., durable goods declines) can create headline-driven swings that trigger profit-taking in momentum-led positions. Gold near session highs after U.S. durable goods posts -2.2% loss in October
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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