Compass Wealth Management LLC Purchases 6,832 Shares of SPDR Gold Shares $GLD

Compass Wealth Management LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 338.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,850 shares of the exchange traded fund’s stock after purchasing an additional 6,832 shares during the period. Compass Wealth Management LLC’s holdings in SPDR Gold Shares were worth $3,146,000 at the end of the most recent reporting period.

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

SPDR Gold Shares Price Performance

Shares of GLD opened at $464.70 on Tuesday. The firm has a market cap of $175.42 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1 year low of $251.92 and a 1 year high of $469.28. The company has a 50 day simple moving average of $403.77 and a two-hundred day simple moving average of $362.29.

Key Headlines Impacting SPDR Gold Shares

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

• Positive Sentiment: Bullion broke above the $5,000/oz milestone on renewed safe‑haven flows, pushing demand for physical‑linked products such as GLD. Read More.
• Positive Sentiment: Market commentary cites a weaker U.S. dollar and rising Fed‑cut expectations as technical and macro support for further upside in gold prices — a tailwind for GLD. Read More.
• Positive Sentiment: Large private holders and funds continue adding gold: Tether reported substantial gold purchases (≈27 metric tons in Q4), increasing institutional demand that benefits gold ETFs. Read More.
• Positive Sentiment: Analysts and some central‑bank activity point to more room to run — forecasts toward $6,000/oz have circulated, underpinning longer‑term bullish sentiment for GLD holders. Read More.
• Neutral Sentiment: Stronger gold prices are lifting miners and mining‑related equities; that helps resource industry sentiment but does not directly change GLD’s bullion exposure. Investors should distinguish GLD (physical bullion) from miner ETFs/stocks. Read More.
• Neutral Sentiment: Some economic datapoints (e.g., a rise in U.S. durable‑goods orders) have not stalled gold’s advance so far — mixed macro signals imply potential for continued volatility rather than a clear reversal. Read More.
• Negative Sentiment: Several commentators warn the rally looks parabolic and that a Fed meeting or a dollar rebound could trigger profit‑taking or a sharp pullback in gold — a downside risk for GLD in the near term. Read More.

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.