Accurate Wealth Management LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 231.3% during the 4th quarter, Holdings Channel reports. The firm owned 22,426 shares of the exchange traded fund’s stock after buying an additional 15,656 shares during the period. SPDR Gold Shares makes up approximately 1.2% of Accurate Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position. Accurate Wealth Management LLC’s holdings in SPDR Gold Shares were worth $9,295,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the business. Hopwood Financial Services Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth approximately $27,000. Vestwell Advisors LLC bought a new stake in SPDR Gold Shares in the third quarter valued at $27,000. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares during the 2nd quarter valued at $26,000. Steigerwald Gordon & Koch Inc. purchased a new position in SPDR Gold Shares during the 3rd quarter valued at $31,000. Finally, Kilter Group LLC bought a new position in SPDR Gold Shares in the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares News Roundup
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Weaker U.S. consumer sentiment and rising short‑term inflation expectations boosted bullion demand, lifting spot gold and supporting GLD as investors seek inflation protection. Spot gold shoots above $4,550/oz after final Consumer Sentiment falls to 53.3
- Positive Sentiment: Advisors and wealth managers are increasingly positioning clients in gold ETFs as a portfolio diversifier amid record global debt, supporting demand for large funds like GLD. Gold ETFs Gain as Advisors Seek New Diversifiers
- Positive Sentiment: Reports that earlier easing headlines around the U.S.–Iran conflict briefly reduced tail‑risk uncertainty encouraged dip‑buyers to re-enter the market, helping GLD recover some recent losses. SPDR gold shares surge on supposed easing of US.-Iran conflict
- Neutral Sentiment: Technical traders note a bounce after a test of the 200‑day moving average; this can produce short‑term rallies but does not guarantee a sustained trend reversal. Gold Rally Builds After 200-Day Test—Are Buyers Targeting $4850.68?
- Negative Sentiment: Macro pressure from a stronger U.S. dollar and higher bond yields—driven by coordinated hawkish central‑bank messaging—remains a major drag on gold prices and could limit GLD’s upside. Stocks Swing, Oil Surges, Gold Slumps. How the Iran War Has Moved Markets.
- Negative Sentiment: Sell‑side and reserve moves—Turkey’s recent gold sales and signs some central banks are reassessing purchases—add supply-side pressure and reduce a key source of steady demand. Turkey taps its gold reserves, sells 58.4 tonnes of gold in two weeks Gold Falls 15% as Central Banks Reassess $4.3 Trillion Reserves
SPDR Gold Shares Trading Up 3.5%
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.
See Also
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
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