SPDR Gold Shares $GLD Shares Sold by ACT Wealth Management LLC

ACT Wealth Management LLC lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 9.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 71,593 shares of the exchange traded fund’s stock after selling 7,278 shares during the quarter. SPDR Gold Shares makes up about 9.3% of ACT Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. ACT Wealth Management LLC’s holdings in SPDR Gold Shares were worth $28,373,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Brighton Jones LLC increased its stake in SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after buying an additional 1,903 shares during the period. Bison Wealth LLC increased its position in shares of SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter worth about $16,014,000. Schnieders Capital Management LLC. lifted its stake in shares of SPDR Gold Shares by 4.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock worth $1,829,000 after acquiring an additional 275 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new position in shares of SPDR Gold Shares in the second quarter worth about $337,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 3.8%

Shares of NYSEARCA GLD opened at $430.29 on Wednesday. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70. The business has a 50 day moving average price of $455.48 and a two-hundred day moving average price of $408.17. The firm has a market cap of $163.55 billion, a PE ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: Fed dovishness and lower yields boosted safe-haven demand for gold, lifting prices and benefiting GLD. Gold Jumps 2.4% as Fed Signals Patience, Trump Weighs Iran War End
• Positive Sentiment: Powell comments that further rate hikes are unlikely reduced rate-risk premia and pushed the dollar and yields lower, supporting gold and GLD. Gold Climbs as Powell Says Interest-Rate Hikes are Unlikely While Reports Say the U.S. May End the Iran War
• Positive Sentiment: Spot gold reclaimed key levels above $4,600 on safe‑haven flows and economic data (JOLTS, consumer confidence) that softened rate‑cut expectations — supportive for GLD flows and price. Spot gold trades above $4,600/oz after U.S. Consumer Confidence rises
• Positive Sentiment: Technical commentary shows gold testing resistance and potential breakout targets — momentum break could attract momentum and CTA flows into GLD. Gold (XAU/USD) Price Forecast: Breakout Targets Key Fibonacci and MA Levels
• Neutral Sentiment: Longer-term bank/upside forecasts remain bullish (UBS, Commerzbank) but depend on rate cuts and sustained safe-haven demand — supportive context but not immediate catalysts. Gold Has Plummeted Since Iran War Began. Why It Could Climb 35% by July.
• Neutral Sentiment: Industry staffing news (Tether cutting two gold traders) is company‑specific to counterparties and unlikely to move GLD directly. Tether cuts two gold traders hired three months ago, source says
• Negative Sentiment: ETF outflows and heavy selling have pressured gold earlier in the month — a headwind for GLD share flows and price if outflows continue. Gold Drops 15% as ETF Outflows Surge, Buyers Begin Stepping In
• Negative Sentiment: Gold remains on track for a large monthly decline amid the Iran war’s market uncertainty — headline risk and volatility can keep investors sidelined and pressure GLD. Gold on track for worst month since 2008 as Iran war enters its fifth week
• Negative Sentiment: Reports that U.S./Iran de‑escalation or end‑of‑war moves could reduce safe‑haven demand, which would be a headwind for GLD if confirmed. Gold Climbs as Powell Says Interest-Rate Hikes are Unlikely While Reports Say the U.S. May End the Iran War

SPDR Gold Shares Company 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.