Bank Pictet & Cie Europe AG Grows Stake in SPDR Gold Shares $GLD

Bank Pictet & Cie Europe AG raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 26.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,482 shares of the exchange traded fund’s stock after purchasing an additional 8,583 shares during the period. Bank Pictet & Cie Europe AG’s holdings in SPDR Gold Shares were worth $14,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Chapman Financial Group LLC purchased a new stake in SPDR Gold Shares during the 2nd quarter valued at $26,000. Traub Capital Management LLC bought a new position in SPDR Gold Shares during the second quarter valued at $34,000. Kilter Group LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at $34,000. Legacy Wealth Managment LLC ID lifted its holdings in shares of SPDR Gold Shares by 51.1% in the 1st 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. purchased a new position in shares of SPDR Gold Shares during the 2nd quarter worth about $43,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Down 0.6%

Shares of NYSEARCA:GLD opened at $396.31 on Friday. SPDR Gold Shares has a 12 month low of $241.05 and a 12 month high of $418.45. The company has a market capitalization of $143.42 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s 50-day moving average is $385.18 and its 200 day moving average is $347.53.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Geopolitical tensions in the Middle East lifted safe-haven bids for gold, supporting ETF flows into GLD. Gold Rises Amid Geopolitical Risks
• Positive Sentiment: Macro and technical bull case remains in some forecasts — analysts cite Fed easing, liquidity and breakout momentum pointing to a continued multi-year rally in gold, which supports longer-term GLD demand. Gold Forecast 2026: Why Macro Forces and Technical Breakouts Point to $6,000
• Positive Sentiment: Gold’s strong 2025 performance vs. Bitcoin and bullish price-action calls have drawn fresh investor interest into traditional safe havens, a tailwind for GLD if flows continue. Gold vs. Bitcoin: Historic 2025 Divergence Challenges the Digital Gold Narrative
• Positive Sentiment: Technical traders signal buying interest if gold can reclaim key levels (e.g., $4,400), which could attract momentum flows back into GLD. Gold Price Outlook – Gold Trying to Bounce on Wednesday
• Positive Sentiment: Analysts say gold-sector fundamentals (valuations, balance sheets, cashflow) are strong heading into 2026, supporting investor appetite for gold-related assets, including GLD. Gold sector ‘in its best shape in years’ heading into 2026
• Neutral Sentiment: Technical structure still shows a bullish backbone (spot holding above key levels) but volatility and consolidation make timing uncertain for ETF flows. Gold and Silver Technical Analysis: Bullish Structure Holds as Volatility Limits Breakout
• Neutral Sentiment: Unrelated consumer/goods headlines (e.g., Trump Mobile phone delays) are noise for GLD and unlikely to move gold flows materially. Trump Mobile delays shipment of gold-colored smartphone, FT reports
• Negative Sentiment: CME raised margin requirements for precious-metals futures, triggering liquidations and shorter-term selling pressure that weighed on gold and GLD. Gold, silver prices fall after CME raises precious metals margins — again
• Negative Sentiment: Price action has broken short-term (20-day) support and is flirting with the 50-day average, raising pullback risk that can prompt outflows from GLD during technical corrections. Gold (XAU/USD) Price Forecast: 20-Day Support Breakdown Raises Pullback Risk
• Negative Sentiment: Commentary warns of selling pressure and extreme intraday volatility after the big 2025 rally — short-term traders may reduce GLD exposure to lock gains. Gold price down, silver strongly down amid extreme volatility

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.