Pursuit Wealth Management LLC Buys Shares of 3,930 SPDR Gold Shares $GLD

Pursuit Wealth Management LLC purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,930 shares of the exchange traded fund’s stock, valued at approximately $1,557,000. SPDR Gold Shares comprises about 1.3% of Pursuit Wealth Management LLC’s portfolio, making the stock its 21st biggest holding.

A number of other large investors have also recently made changes to their positions in the stock. Bank of Montreal Can bought a new position in SPDR Gold Shares during the third quarter valued at approximately $556,282,000. Corient Private Wealth LLC boosted its holdings in SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after purchasing an additional 559,507 shares during the last quarter. iA Global Asset Management Inc. bought a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $77,873,000. SG Americas Securities LLC grew its position in SPDR Gold Shares by 25.4% in the 4th quarter. SG Americas Securities LLC now owns 657,871 shares of the exchange traded fund’s stock worth $260,721,000 after purchasing an additional 133,404 shares during the period. Finally, L & S Advisors Inc grew its position in SPDR Gold Shares by 9,155.0% in the 3rd quarter. L & S Advisors Inc now owns 130,865 shares of the exchange traded fund’s stock worth $46,519,000 after purchasing an additional 129,451 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 0.1%

Shares of GLD opened at $440.08 on Friday. The firm has a market cap of $161.64 billion, a PE ratio of -32.43 and a beta of 0.20. The firm has a fifty day simple moving average of $449.88 and a two-hundred day simple moving average of $415.07. SPDR Gold Shares has a 1-year low of $291.78 and a 1-year high of $509.70.

More SPDR Gold Shares News

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

• Positive Sentiment: Macro bull case remains intact: analysts highlight that gold has rallied strongly year-to-date (roughly +50%) and macro forces — high CPI readings and steady money supply growth — continue to support demand for gold and gold ETFs. This underpins medium-term investor interest in GLD. Gold Soared 50% This Year. Here’s Which ETF to Buy Before Rates Fall
• Positive Sentiment: Institutional arguments for gold’s regulatory/financial-role support structural demand (LBMA comments on potential HQLA status), which is a longer-term positive for GLD flows and positioning. Gold doing its job: LBMA’s Crowell makes case for HQLA status
• Neutral Sentiment: Technical setup is mixed: gold is testing the 50‑day moving average and traders are watching for a breakout above resistance or a pullback to support—either outcome could steer near-term GLD flows. Gold (XAUUSD) Price Forecast: Will Dollar Weakness Push Gold Through 50-Day MA?
• Neutral Sentiment: Day-to-day trade remains rangebound with intraday technical entry levels being highlighted for active traders; that can limit large directional moves in GLD absent a fresh macro catalyst. Gold market analysis for April 16 – key intra-day price entry levels for active traders
• Negative Sentiment: Inflation/interest-rate dynamics and a firmer dollar are weighing on gold prices today — headlines point to inflation worries and rising Treasury yields pressuring bullion and GLD. Update: Gold Edges Lower, Remaining Rangebound on Inflation Worries
• Negative Sentiment: Profit‑taking and a possible technical correction are cited after recent gains; this reduces near-term upside for GLD until momentum stabilizes. Gold Edges Lower on Possible Technical Correction
• Negative Sentiment: Geopolitical easing (talks between the U.S. and Iran) and a stronger regional economic survey (Philly Fed jump) have reduced some safe‑haven demand, removing a tailwind for GLD. Gold’s safe-haven appeal weakening as Philly Fed Survey jumps in April

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.