Apollon Wealth Management LLC Boosts Stock Position in SPDR Gold Shares $GLD

Apollon Wealth Management LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 10.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,144 shares of the exchange traded fund’s stock after purchasing an additional 3,815 shares during the period. Apollon Wealth Management LLC’s holdings in SPDR Gold Shares were worth $13,915,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of GLD. Chapman Financial Group LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth about $26,000. Kilter Group LLC bought a new position in shares of SPDR Gold Shares in the 2nd quarter valued at about $34,000. Traub Capital Management LLC purchased a new position in SPDR Gold Shares in the second quarter worth about $34,000. Legacy Wealth Managment LLC ID increased its stake in SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 46 shares during the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in SPDR Gold Shares during the second quarter worth approximately $43,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $416.74 on Friday. The company has a market cap of $150.82 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1 year low of $239.58 and a 1 year high of $418.45. The stock’s 50 day simple moving average is $384.10 and its two-hundred day simple moving average is $345.40.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Gold hit fresh record highs around $4,550/oz and FXEmpire notes buyers remain in control, supporting continued ETF inflows into GLD. Gold (XAU/USD) Price Forecast: Rally Extends to Fresh Highs as Buyers Maintain Control
• Positive Sentiment: Analysts and coverage (Kitco/Goldman Sachs) are bullish on gold’s multi‑year breakout — Goldman projects spot to reach ~$4,900/oz in Q4 2026 — which supports a longer‑term case for GLD accumulation. “Gold remains our single favorite long commodity,” spot price to reach $4,900/oz in Q4 2026 – Goldman Sachs
• Positive Sentiment: Technical breakout commentary and weekly outlooks (FXEmpire/Kitco/WSJ) show sustained momentum and safe‑haven buying (weaker dollar, geopolitical risk), a near‑term tailwind for GLD. Gold Weekly Price Outlook – Gold Breaks Out for the Week
• Neutral Sentiment: Zacks highlights that silver ETFs have had an even stronger run and could outperform in 2026 due to industrial demand and supply deficits — this could limit relative flows into GLD versus silver ETPs. Gold Or Silver ETFs: What Could Rally More in 2026?
• Neutral Sentiment: Sector capital activity: a gold miner (U.S. Gold Corp) completed a $31.2M raise — indicates continued investor interest in the gold space but is more relevant to miners than to GLD. U.S. Gold Corp raises $31M to advance gold project – ICYMI
• Negative Sentiment: Several reports warn of overbought readings and short‑term pullback risk (FXEmpire, Kitco): analysts flag potential retracements that could trigger temporary outflows from GLD even as the long‑term trend remains up. Gold News: Gold Analysis Highlights Pullback Risk Despite Long-Term Bullish Trend

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.