Gitterman Wealth Management LLC trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,262 shares of the exchange traded fund’s stock after selling 1,208 shares during the quarter. SPDR Gold Shares makes up 6.4% of Gitterman Wealth Management LLC’s holdings, making the stock its 6th biggest position. Gitterman Wealth Management LLC’s holdings in SPDR Gold Shares were worth $27,820,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently modified their holdings of the stock. Mutual Advisors LLC lifted its stake in SPDR Gold Shares by 26.5% in the third quarter. Mutual Advisors LLC now owns 28,666 shares of the exchange traded fund’s stock valued at $10,858,000 after purchasing an additional 6,002 shares during the last quarter. Transcend Capital Advisors LLC lifted its position in shares of SPDR Gold Shares by 3.7% during the 3rd quarter. Transcend Capital Advisors LLC now owns 112,407 shares of the exchange traded fund’s stock valued at $39,957,000 after buying an additional 4,048 shares during the last quarter. Aua Capital Management LLC grew its stake in shares of SPDR Gold Shares by 1.0% during the 3rd quarter. Aua Capital Management LLC now owns 7,836 shares of the exchange traded fund’s stock worth $2,785,000 after acquiring an additional 75 shares during the period. Cutler Investment Counsel LLC increased its holdings in SPDR Gold Shares by 9.5% in the 3rd quarter. Cutler Investment Counsel LLC now owns 2,666 shares of the exchange traded fund’s stock worth $948,000 after acquiring an additional 231 shares during the last quarter. Finally, FSA Wealth Partners Inc. increased its holdings in SPDR Gold Shares by 73.0% in the 3rd quarter. FSA Wealth Partners Inc. now owns 3,125 shares of the exchange traded fund’s stock worth $1,111,000 after acquiring an additional 1,319 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 10.3%
NYSEARCA GLD opened at $444.95 on Friday. The company has a market cap of $169.04 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $257.86 and a 52 week high of $509.70. The firm’s 50-day simple moving average is $412.03 and its two-hundred day simple moving average is $366.66.
SPDR Gold Shares News Summary
- Positive Sentiment: Citi says gold remains supported by overlapping geopolitical and economic risks even if some of that support may fade later in 2026 — a medium‑term positive for GLD. Citi sees gold supported by risks
- Positive Sentiment: Several analysts characterize today’s sell‑off as a healthy correction after January’s parabolic gains and say the broader bullish trend remains intact — supports using dips to add exposure for longer‑term bulls. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
- Positive Sentiment: World Gold Council / market commentary expect demand to stay strong as investors reassess risk, providing structural tailwinds for GLD over time. Gold Demand to Remain Strong as Investors Reassess Risk
- Neutral Sentiment: Technical analysts note the move delivered a near‑perfect 50% retracement of the recent advance — some see this as a capitulation low, others as a pause before further volatility; watch the $5,210/$4,938 (gold spot equivalents) levels cited by technicians. 50% retracement analysis
- Neutral Sentiment: Intraday entry and support/resistance levels have been published for active traders — useful for timing but not a directional guarantee. Gold market analysis for January 30
- Negative Sentiment: Kevin Warsh’s nomination reduced fears of Fed instability/very dovish policy, lowering immediate safe‑haven demand and helping trigger the largest single‑day drop in metals in decades. Trump’s Fed Chair Pick Triggers Gold, Silver’s Worst Day Since 1980
- Negative Sentiment: Profit‑taking and technical blow‑off signals after record highs accelerated the sell‑off; commentators warn of further short‑term downside and high volatility as stops, margin calls and a stronger dollar feed the move. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know
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.
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