Continuum Advisory LLC Sells 1,438 Shares of SPDR Gold Shares $GLD

Continuum Advisory LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 12.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,414 shares of the exchange traded fund’s stock after selling 1,438 shares during the quarter. Continuum Advisory LLC’s holdings in SPDR Gold Shares were worth $4,481,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Tepp RIA LLC grew its holdings in SPDR Gold Shares by 6.4% in the first quarter. Tepp RIA LLC now owns 22,669 shares of the exchange traded fund’s stock worth $9,754,000 after purchasing an additional 1,356 shares during the period. Apollon Financial LLC increased its holdings in SPDR Gold Shares by 10.0% during the 1st quarter. Apollon Financial LLC now owns 16,487 shares of the exchange traded fund’s stock worth $7,094,000 after purchasing an additional 1,495 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in SPDR Gold Shares by 4.1% during the first quarter. Apollon Wealth Management LLC now owns 39,858 shares of the exchange traded fund’s stock worth $17,151,000 after buying an additional 1,580 shares in the last quarter. Red Door Wealth Management LLC grew its stake in shares of SPDR Gold Shares by 23.3% in the 1st quarter. Red Door Wealth Management LLC now owns 16,965 shares of the exchange traded fund’s stock worth $7,300,000 after acquiring an additional 3,203 shares in the last quarter. Finally, Hurlow Wealth Management Group Inc. bought a new stake in SPDR Gold Shares in the 1st quarter worth about $215,000. Institutional investors own 42.19% of the company’s stock.

More SPDR Gold Shares News

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

• Positive Sentiment: Gold gained ground as the U.S. dollar pulled back from recent highs and Treasury yields eased, helping precious metals recover from pressure. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Ground As Dollar Moves Away From Yearly Highs
• Positive Sentiment: Gold found support around the key $4,000 level and bounced as traders bought the dip after recent weakness. Gold Price Analysis – Gold Attempting to Bounce from $4000 Region
• Positive Sentiment: Weaker inflation expectations and slightly better consumer sentiment supported a move higher in spot gold during Friday trading. Spot gold hits session high near 4080/oz after final Consumer Sentiment rises to 49.5, one-year and long-term inflation expectations ease
• Neutral Sentiment: Some analysts still see gold’s longer-term structure as constructive, supported by central bank buying and continued industrial demand in related metals. Gold (XAUUSD) & Silver Price Forecast: Gold Retests $4,010 as Silver Breaks $56.50 Amid Ceasefire — Bearish Turn?
• Negative Sentiment: Multiple market reports warned that gold remains under pressure from a strong dollar, hawkish Fed expectations, and resilient U.S. data, with some analysts calling for deeper downside. Gold (XAU/USD) Price Forecast: Trendline Break Signals Bearish Extension
• Negative Sentiment: Other commentary suggested gold could still fall further, with prices struggling below $4,000 and bearish outlooks pointing to continued downside if support fails. Gold Declines; Prices Could Have Further to Fall

SPDR Gold Shares Stock Performance

Shares of GLD opened at $373.63 on Monday. SPDR Gold Shares has a 12 month low of $299.89 and a 12 month high of $509.70. The company has a market capitalization of $135.89 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14. The stock has a 50 day moving average of $411.07 and a 200 day moving average of $427.81.

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.