2,645 SPDR Gold Shares $GLD Shares Sold by Emergent Wealth Advisors LLC

Posted by Brian Himes on Oct 9th, 2026

Emergent Wealth Advisors LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 27.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,826 shares of the exchange traded fund’s stock after selling 2,645 shares during the period. SPDR Gold Shares makes up approximately 1.3% of Emergent Wealth Advisors LLC’s investment portfolio, making the stock its 20th largest position. Emergent Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $2,600,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of GLD. Private Wealth Management Group LLC bought a new stake in shares of SPDR Gold Shares during the 1st quarter worth approximately $30,000. Parvin Asset Management LLC acquired a new stake in shares of SPDR Gold Shares during the 1st quarter worth approximately $31,000. Longview Financial Advisors Inc. bought a new position in SPDR Gold Shares in the first quarter valued at approximately $35,000. NBH Bank bought a new position in SPDR Gold Shares in the second quarter valued at approximately $41,000. Finally, Compass Financial Services Inc raised its position in SPDR Gold Shares by 48.8% during the fourth quarter. Compass Financial Services Inc now owns 122 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 40 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD opened at $378.62 on Friday. The firm has a 50 day simple moving average of $397.47 and a two-hundred day simple moving average of $401.79. SPDR Gold Shares has a one year low of $360.12 and a one year high of $509.70. The company has a market cap of $140.24 billion, a P/E ratio of -32.43 and a beta of 0.18.

Trending Headlines about SPDR Gold Shares

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

Positive Sentiment: Gold is receiving support from a weaker dollar and a pullback in Treasury yields, improving the appeal of non-yielding bullion and potentially benefiting GLD. Gold, Silver, Platinum Forecasts – Gold Attempts to Rebound as Treasury Yields Pull Back
Positive Sentiment: Analysts at Sprott say gold’s resilience despite elevated bond yields, renewed ETF inflows and central banks’ continued retreat from dollar assets support a longer-term bullish outlook. Gold Gains Ground as Central Banks Retreat from Dollar Assets and Inflation Undermines Bonds
Positive Sentiment: China’s central bank added 21 tonnes of gold in September, extending its buying streak to 23 consecutive months and providing an important source of underlying demand. China’s Central Bank Buys 21 Tonnes of Gold in September
Positive Sentiment: Longer-term bullish arguments remain intact, including central-bank diversification, inflation concerns and portfolio demand, making the recent decline a potential accumulation opportunity for some investors. Gold ETF Down 13% in Six Months: Four Bullish Reasons for the Long Term
Neutral Sentiment: Gold is testing major Fibonacci and trendline support around $4,100-$4,103. Holding that zone could produce a double bottom or bullish wedge breakout, while a decisive break lower would signal additional downside for GLD. Gold Price Forecast: $4,103 Support Holds Key to Next Move
Negative Sentiment: Federal Reserve communications and meeting minutes kept the possibility of another rate hike alive. Stronger-than-expected jobless-claims data also reduced expectations for rapid policy easing, pressuring gold through higher-rate concerns. Fed Minutes Weigh on Gold as It Tests $4,100
Negative Sentiment: Recent gains in Treasury yields and the dollar have reduced demand for gold, leaving the metal vulnerable to further losses if rates remain elevated. Gold Falls as Higher Yields and Stronger Dollar Weigh

SPDR Gold Shares Company Profile

(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.