3,067 Shares in SPDR Gold Shares $GLD Bought by St. Louis Financial Planners Asset Management LLC

St. Louis Financial Planners Asset Management LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 3,067 shares of the exchange traded fund’s stock, valued at approximately $1,209,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Viewpoint Capital Management LLC lifted its holdings in shares of SPDR Gold Shares by 2.8% in the 1st quarter. Viewpoint Capital Management LLC now owns 925 shares of the exchange traded fund’s stock valued at $398,000 after buying an additional 25 shares during the period. Summer Road LLC boosted its stake in shares of SPDR Gold Shares by 11.1% in the first quarter. Summer Road LLC now owns 250 shares of the exchange traded fund’s stock valued at $108,000 after buying an additional 25 shares in the last quarter. SFE Investment Counsel boosted its stake in shares of SPDR Gold Shares by 4.5% in the first quarter. SFE Investment Counsel now owns 585 shares of the exchange traded fund’s stock valued at $252,000 after buying an additional 25 shares in the last quarter. Evolution Wealth Management Inc. boosted its stake in shares of SPDR Gold Shares by 2.3% in the first quarter. Evolution Wealth Management Inc. now owns 1,200 shares of the exchange traded fund’s stock valued at $516,000 after buying an additional 27 shares in the last quarter. Finally, Financial Management Professionals Inc. grew its holdings in SPDR Gold Shares by 0.6% during the second quarter. Financial Management Professionals Inc. now owns 4,414 shares of the exchange traded fund’s stock worth $1,626,000 after acquiring an additional 27 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.2%

GLD stock traded down $0.70 on Friday, reaching $382.01. 9,060,684 shares of the company’s stock were exchanged, compared to its average volume of 11,585,232. The stock has a fifty day moving average of $397.35 and a 200-day moving average of $400.72. The firm has a market cap of $141.23 billion, a PE 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 Treasury yields, lower real yields and a softer dollar helped gold recover from its recent selloff. Reduced expectations for an October Fed rate hike also improved sentiment toward non-yielding assets. Gold Weekly Price Forecast – Gold Tests $4,000 Demand Zone as Lower Real Yields Offer Support
• Positive Sentiment: Underlying demand remains supportive: China’s central bank added 23 tonnes to its reserves, Chinese gold ETFs attracted inflows, and holiday jewelry, bar and coin demand improved. These trends may provide a floor for gold and GLD over the longer term. China buys the gold dip as ETF holdings hit record and holiday demand lifts Q4 outlook
• Neutral Sentiment: Technical conditions remain mixed. Gold has held the roughly $4,000 demand zone for multiple weeks, but the market faces resistance near $4,200–$4,226. A breakout could help GLD, while another failure would reinforce consolidation. Gold Price Forecast: Bulls Face Crucial $4,226 Resistance
• Negative Sentiment: Hot U.S. inflation data—September CPI at 3.7% and PPI rising 6.3%—kept December Fed tightening expectations alive. Higher potential rates, stronger yields and a firmer dollar initially triggered a sharp gold decline and continue to cap its recovery.
• Negative Sentiment: Wall Street remains divided and retail sentiment is becoming more bearish after gold failed to decisively clear the $4,200 area. Upcoming housing, PMI, employment and consumer-sentiment reports could create additional volatility for GLD. Wall Street undecided on gold’s near-term trajectory

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.