Leo Wealth LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the third quarter, according to its most recent filing with the SEC. The firm purchased 3,634 shares of the exchange traded fund’s stock, valued at approximately $1,384,000.
A number of other large investors have also recently bought and sold shares of the business. Summer Road LLC increased its holdings in SPDR Gold Shares by 11.1% in the first quarter. Summer Road LLC now owns 250 shares of the exchange traded fund’s stock worth $108,000 after purchasing an additional 25 shares in the last quarter. SFE Investment Counsel boosted its holdings in shares of SPDR Gold Shares by 4.5% during the 1st quarter. SFE Investment Counsel now owns 585 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 25 shares in the last quarter. Evolution Wealth Management Inc. boosted its holdings in shares of SPDR Gold Shares by 2.3% during the 1st quarter. Evolution Wealth Management Inc. now owns 1,200 shares of the exchange traded fund’s stock worth $516,000 after buying an additional 27 shares in the last quarter. Financial Management Professionals Inc. boosted its holdings in shares of SPDR Gold Shares by 0.6% during the 2nd quarter. Financial Management Professionals Inc. now owns 4,414 shares of the exchange traded fund’s stock worth $1,626,000 after buying an additional 27 shares in the last quarter. Finally, Kraft Davis & Associates LLC grew its position in shares of SPDR Gold Shares by 0.6% during the 2nd quarter. Kraft Davis & Associates LLC now owns 4,595 shares of the exchange traded fund’s stock worth $1,714,000 after buying an additional 27 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Up 0.3%
NYSEARCA:GLD opened at $367.82 on Tuesday. The company has a fifty day moving average of $394.50 and a 200-day moving average of $414.13. The firm has a market capitalization of $136.42 billion, a P/E ratio of -32.43 and a beta of 0.18. SPDR Gold Shares has a twelve month low of $360.12 and a twelve month high of $509.70.
Trending Headlines about SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Falling crude oil prices have reduced concerns about inflation and the need for additional Federal Reserve tightening. That has encouraged renewed buying in gold and silver ahead of this week’s Fed meeting. Gold holds above $4,000 as Hormuz diplomacy cools crude ahead Fed decision
- Positive Sentiment: Gold rebounded above $4,000 as softer oil prices eased pressure on interest rates, providing a near-term catalyst for GLD. A less hawkish-than-expected Fed outcome could offer additional support. Gold rebounds above $4,000 as lower oil prices ease Fed tightening concerns
- Neutral Sentiment: Gold is considered oversold after falling below $4,000, but analysts say a sustained rally may remain difficult. The $4,000 level—and technical support near $3,946—are important areas for GLD investors to monitor. Gold prices are oversold below $4,000
- Neutral Sentiment: GLD’s tax treatment is drawing investor attention: gains may be taxed as collectibles rather than stock investments, potentially resulting in a higher long-term tax rate. This affects after-tax returns but does not directly change the fund’s holdings or gold exposure. Selling $300,000 of GLD bought five years ago
- Negative Sentiment: Short interest in GLD rose 71.8% to 15.4 million shares through October 15, equal to about 4.1% of shares outstanding. The increase signals stronger bearish positioning and could weigh on the fund, although the 2.1-day days-to-cover ratio leaves room for a potential short-covering bounce.
- Negative Sentiment: Gold and Bitcoin have become the worst-performing major assets of 2026, reflecting deteriorating investor sentiment toward gold after its earlier record rally. Analysts also say the unresolved Iran conflict and broader Middle East uncertainty could limit gold’s recovery. The Iran war needs to end for gold to have a chance to rally
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.
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