Aspire Capital Advisors LLC Trims Stock Position in SPDR Gold Shares $GLD

Aspire Capital Advisors LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,365 shares of the exchange traded fund’s stock after selling 5,983 shares during the period. SPDR Gold Shares makes up 2.7% of Aspire Capital Advisors LLC’s portfolio, making the stock its 10th biggest position. Aspire Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $10,794,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Nicholson Wealth Management Group LLC lifted its holdings in shares of SPDR Gold Shares by 5.0% in the second quarter. Nicholson Wealth Management Group LLC now owns 3,755 shares of the exchange traded fund’s stock valued at $1,145,000 after purchasing an additional 179 shares in the last quarter. Joseph P. Lucia & Associates LLC lifted its stake in shares of SPDR Gold Shares by 8.5% during the 2nd quarter. Joseph P. Lucia & Associates LLC now owns 1,689 shares of the exchange traded fund’s stock valued at $515,000 after buying an additional 132 shares in the last quarter. Princeton Capital Management LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at approximately $220,000. Spirepoint Private Client LLC bought a new position in SPDR Gold Shares in the 3rd quarter worth approximately $742,000. Finally, Alpha Cubed Investments LLC grew its stake in SPDR Gold Shares by 5.7% in the 2nd quarter. Alpha Cubed Investments LLC now owns 2,722 shares of the exchange traded fund’s stock valued at $830,000 after buying an additional 146 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

Key SPDR Gold Shares News

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

• Positive Sentiment: Macro outlooks flag a softer U.S. dollar and a structurally bullish case for precious metals in 2026, which supports medium‑term demand for gold and GLD. 2026 Market Outlook
• Positive Sentiment: High‑profile allocation to gold (David Einhorn saying he’s “betting big” on gold) boosts investor demand narrative and validates GLD as a hedge/positioning vehicle. Einhorn Bets on Gold
• Positive Sentiment: State-level demand initiatives (Texas unveiling an official bullion program) could support long‑run physical demand for bullion and ETFs like GLD. Texas Bullion Program
• Neutral Sentiment: Technical and intra‑day analyses show gold hovering near key levels (~$5,000/oz) with mixed signals; this creates higher volatility but not a clear directional bias for GLD until a decisive close. Gold Technicals
• Neutral Sentiment: BCA and other strategists remain long-term bullish but warn that speculative flows can trigger sharp pullbacks — suggests risk management is important for GLD holders. BCA Long but Cautious
• Negative Sentiment: Rapid sell‑off and liquidation in gold/silver markets (front‑month futures down and abrupt price drops) drove heavy intraday weakness that pushed GLD lower as ETF liquidity and redemptions can amplify moves. Rapid Sell-Off
• Negative Sentiment: Strong U.S. jobs data and a firmer dollar pressured gold—several reports note NFP/strong data lifted the dollar, reducing demand for non‑yielding gold and hurting GLD. Jobs Data / Dollar
• Negative Sentiment: Front‑month futures settled down sharply (report cited a 2.9% decline) and WSJ notes prospects of a long Fed pause reduce gold’s appeal versus yield‑bearing assets, weighing on GLD. WSJ: Futures Drop
• Negative Sentiment: A small institutional holder markedly reduced its GLD stake (Allegheny Financial Group trimmed position), a micro signal that may modestly add to selling pressure but is not a market‑moving event by itself. 13F Stake Cut

SPDR Gold Shares Stock Performance

Shares of GLD opened at $451.39 on Friday. The stock has a market capitalization of $171.57 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52-week low of $261.25 and a 52-week high of $509.70. The stock’s 50-day simple moving average is $424.35 and its 200 day simple moving average is $375.21.

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.