Crumly & Associates Inc. Invests $1.55 Million in SPDR Gold Shares $GLD

Crumly & Associates Inc. bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 4,356 shares of the exchange traded fund’s stock, valued at approximately $1,548,000.

Other institutional investors also recently bought and sold shares of the company. Field & Main Bank increased its position in SPDR Gold Shares by 17.3% during the third quarter. Field & Main Bank now owns 516 shares of the exchange traded fund’s stock valued at $183,000 after acquiring an additional 76 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of SPDR Gold Shares by 12.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 82,997 shares of the exchange traded fund’s stock worth $29,503,000 after purchasing an additional 9,497 shares during the period. Ballentine Partners LLC boosted its stake in shares of SPDR Gold Shares by 2.2% during the 3rd quarter. Ballentine Partners LLC now owns 41,954 shares of the exchange traded fund’s stock worth $14,913,000 after purchasing an additional 887 shares during the period. American Institute for Advanced Investment Management LLP grew its holdings in SPDR Gold Shares by 17.0% during the 3rd quarter. American Institute for Advanced Investment Management LLP now owns 6,139 shares of the exchange traded fund’s stock valued at $2,166,000 after purchasing an additional 890 shares during the last quarter. Finally, Truist Financial Corp raised its position in SPDR Gold Shares by 2.1% in the 3rd quarter. Truist Financial Corp now owns 583,915 shares of the exchange traded fund’s stock worth $207,564,000 after purchasing an additional 12,070 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $494.56 on Thursday. SPDR Gold Shares has a 1 year low of $253.30 and a 1 year high of $495.88. The firm has a 50-day simple moving average of $408.20 and a two-hundred day simple moving average of $364.38. The company has a market cap of $186.70 billion, a P/E 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: Record gold prices and dollar weakness are drawing flows into bullion and ETFs, supporting GLD as investors seek a hedge ahead of the Fed decision. Gold News: Price Breakout to Record High as Banks Target $6000 Ahead of Fed Decision
• Positive Sentiment: Large private allocations to physical gold (Tether signaling a 10–15% allocation) boost long-term ETF demand and lend structural support to GLD. Tether CEO aims to allocate up to 15% of its portfolio to gold
• Positive Sentiment: Portfolio managers see the 2025–26 move as a structural shift in demand (not just speculation), which supports longer-term inflows to GLD. Who’s Really Driving Gold Higher and Why It’s Not the West | Greg Orrell
• Positive Sentiment: Banks and sell‑side analysts are lifting year‑end targets (some to $6k+), reinforcing momentum trades into GLD from institutional investors. Gold rally has legs – banks lift upside targets to $6,000 and $7,000
• Positive Sentiment: As gold breaches new highs, ETF-focused commentary highlights GLD as a primary liquidity vehicle for investors reallocating into bullion. ETFs to Watch as Gold Breaches the $5,200 Mark
• Neutral Sentiment: Options activity and futures positioning show traders are betting on further upside, which can amplify both gains and short-term volatility for GLD. Options traders bet gold price to rally more after breaking $5,000
• Neutral Sentiment: Technical analysis points to strong bullish momentum but flags elevated pullback risk—traders may rotate in/out of GLD quickly around news events. Gold (XAU/USD) Price Forecast: Rally Accelerates as Bull Trend Extends
• Negative Sentiment: China’s net gold imports via Hong Kong dropped in December, which could temper physical demand if the trend persists. China’s net gold imports through Hong Kong fall 24% in December, but premiums and retail demand soars in January
• Negative Sentiment: Fed officials (including Powell) pushing back on the idea that the Fed is losing credibility could reduce tail risk that has been driving safe‑haven demand. Powell dismisses gold’s rally above $5,300, says Fed is not losing credibility
• Negative Sentiment: Near-term profit‑taking and technical corrections are being reported after fresh highs, which could bring short-term pressure on GLD. Gold Falls on Likely Technical Correction, Possible Profit-Taking

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.