WealthNavi Inc. Reduces Stock Position in SPDR Gold Shares $GLD

WealthNavi Inc. decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 737,988 shares of the exchange traded fund’s stock after selling 39,729 shares during the quarter. SPDR Gold Shares comprises approximately 2.4% of WealthNavi Inc.’s holdings, making the stock its 8th largest position. WealthNavi Inc.’s holdings in SPDR Gold Shares were worth $262,333,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of GLD. Chapman Financial Group LLC bought a new stake in SPDR Gold Shares in the 2nd quarter valued at $26,000. Kilter Group LLC bought a new position in shares of SPDR Gold Shares during the 2nd quarter worth about $34,000. Traub Capital Management LLC acquired a new position in shares of SPDR Gold Shares during the second quarter valued at about $34,000. Legacy Wealth Managment LLC ID lifted its stake in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 46 shares during the period. Finally, First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares during the second quarter worth about $43,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 1.3%

Shares of GLD opened at $413.64 on Wednesday. The stock’s 50-day moving average price is $382.75 and its 200 day moving average price is $343.41. The firm has a market capitalization of $149.70 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $239.58 and a 12-month high of $413.76.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Gold has surged to new record levels amid rising geopolitical tensions, boosting safe‑haven demand and driving flows into gold ETFs like GLD. Gold Climbs Above $4,500/oz for First Time Amid Rising Geopolitical Tensions
• Positive Sentiment: Unusually large call-option activity tied to GLD signals speculative and hedged bullish positioning that can amplify ETF inflows and upward price pressure. Traders Purchase Large Volume of SPDR Gold Shares Call Options (NYSEARCA:GLD)
• Positive Sentiment: Analysts and banks are pushing bullish forecasts and longer‑term demand narratives (rate‑cut expectations, institutional demand), supporting momentum and investor allocations to GLD. Gold (XAUUSD) & Silver Price Forecast: Higher Lows Hold as Markets Reprice 2026 Fed Cuts
• Positive Sentiment: Direct flows and institutional buying remain constructive — continued ETF inflows and large bilateral bullion purchases (e.g., China buying Russian bullion) lift market structure and support GLD. Largest bilateral gold trade in history? China buys nearly $1 billion in bullion from Russia in November alone
• Neutral Sentiment: Intraday volatility is present — some sessions showed pullbacks after U.S. data releases, indicating traders are reacting to macro prints even as the broader trend stays bullish. Spot gold slides to session low after U.S. Consumer Confidence falls to 89.1 in December
• Neutral Sentiment: Market commentary and technical analysis highlight continued constructive trends but also note key intra‑day and entry levels for traders — useful for short‑term positioning. Gold market analysis for December 23 – key intra-day price entry levels for active traders
• Negative Sentiment: Stronger-than-expected U.S. GDP prints could reduce the pace or probability of Fed cuts, which would likely remove some tailwinds for gold and could weigh on GLD if the data trend persists. Spot gold near $4,490/oz after U.S. GDP growth rises 4.3% in Q3

SPDR Gold Shares 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.