3,300 Shares of SPDR Gold Shares $GLD Purchased by Gunderson Capital Management LLC

Gunderson Capital Management LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor purchased 3,300 shares of the exchange traded fund’s stock, valued at approximately $1,257,000.

Other institutional investors also recently modified their holdings of the company. Cherry Tree Wealth Management LLC boosted its position in SPDR Gold Shares by 74.8% during the 3rd quarter. Cherry Tree Wealth Management LLC now owns 1,101 shares of the exchange traded fund’s stock worth $419,000 after acquiring an additional 471 shares during the last quarter. Curated Wealth Partners LLC bought a new stake in shares of SPDR Gold Shares in the third quarter worth $8,434,000. Nvwm LLC lifted its position in shares of SPDR Gold Shares by 0.6% in the third quarter. Nvwm LLC now owns 23,349 shares of the exchange traded fund’s stock worth $8,892,000 after purchasing an additional 148 shares in the last quarter. Kellett Wealth Advisors LLC boosted its holdings in SPDR Gold Shares by 21.5% during the third quarter. Kellett Wealth Advisors LLC now owns 2,395 shares of the exchange traded fund’s stock worth $912,000 after purchasing an additional 423 shares during the last quarter. Finally, Mather Group LLC. boosted its holdings in SPDR Gold Shares by 1.7% during the third quarter. Mather Group LLC. now owns 3,265 shares of the exchange traded fund’s stock worth $1,243,000 after purchasing an additional 55 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock traded up $4.45 during mid-day trading on Thursday, reaching $380.44. The company’s stock had a trading volume of 3,517,593 shares, compared to its average volume of 11,570,737. SPDR Gold Shares has a 12 month low of $360.12 and a 12 month high of $509.70. The business’s 50 day simple moving average is $397.82 and its 200 day simple moving average is $401.08. The company has a market capitalization of $140.46 billion, a price-to-earnings ratio of -32.43 and a beta of 0.18.

More SPDR Gold Shares News

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

  • Positive Sentiment: Gold prices moved near session highs after the Philadelphia Fed manufacturing index fell to 20.9 in October from 37.8, missing expectations. Weaker regional activity may reduce pressure on interest rates and support non-yielding gold. Gold price near session high after Philly Fed survey falls
  • Positive Sentiment: Longer-term demand remains constructive, with central-bank purchases and strong gold ETF inflows cited as potential support for GLD, despite short-term volatility. Zacks Analyst Blog Highlights GLD
  • Neutral Sentiment: Retail sales rose 0.8% in September, beating forecasts, while jobless claims remained steady at 199,000. The resilient economy supports risk appetite but could also limit the urgency for Federal Reserve rate cuts. Gold price hits $4,154 after retail sales rise
  • Negative Sentiment: Producer prices increased 1.3% in September, far above the 0.6% forecast, keeping inflation and potential rate hikes in focus. Higher yields increase the opportunity cost of holding gold and are limiting its recovery. Gold Faces Fresh Inflation Test
  • Negative Sentiment: Technical analysts continue to watch the $4,000–$4,200 demand zone; a sustained break below support could trigger additional selling. Recent hotter CPI data has already lifted Treasury yields and revived expectations for further Federal Reserve tightening. Gold Tests $4,200-$4,000 Demand Zone

About SPDR Gold Shares

(Free Report)

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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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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