SPDR Gold Shares $GLD Stock Bought by Sumitomo Mitsui Trust Group Inc.

Posted by Francis Steltz on Nov 6th, 2026

Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 35.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 62,625 shares of the exchange traded fund’s stock after acquiring an additional 16,509 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in SPDR Gold Shares were worth $23,850,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. First Eagle Investment Management LLC lifted its stake in SPDR Gold Shares by 1.5% during the 2nd quarter. First Eagle Investment Management LLC now owns 2,491,623 shares of the exchange traded fund’s stock valued at $917,864,000 after acquiring an additional 35,882 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Gold Shares by 0.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,169,683 shares of the exchange traded fund’s stock valued at $430,888,000 after acquiring an additional 5,793 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of SPDR Gold Shares by 1.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 707,998 shares of the exchange traded fund’s stock valued at $304,644,000 after acquiring an additional 12,415 shares during the last quarter. PPSC Investment Service Corp grew its stake in shares of SPDR Gold Shares by 2.2% in the third quarter. PPSC Investment Service Corp now owns 789,050 shares of the exchange traded fund’s stock worth $300,502,000 after acquiring an additional 16,678 shares during the period. Finally, Bank of Korea bought a new stake in shares of SPDR Gold Shares in the second quarter worth approximately $250,411,831. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.8%

GLD opened at $375.49 on Friday. The firm has a 50 day moving average price of $385.96 and a 200-day moving average price of $411.85. SPDR Gold Shares has a twelve month low of $354.67 and a twelve month high of $509.70. The stock has a market capitalization of $137.09 billion, a price-to-earnings ratio of -32.43 and a beta of 0.20.

Key Headlines Impacting SPDR Gold Shares

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

Positive Sentiment: Gold’s rally continued, with reports citing softer yields and a weaker dollar as drivers. The World Bank also expects gold to stay above $4,000 an ounce through 2028, while central-bank purchases remain a source of demand. Gold climbs above $4,100 as falling yields, softer labor costs support bullion World Bank gold outlook
Neutral Sentiment: Technical commentary described a possible bullish reversal after gold reclaimed resistance, but noted that the broader downtrend and resistance levels could constrain the recovery. Gold bullish reversal forecast
Negative Sentiment: Elevated real yields and upcoming U.S. jobs data could weaken gold’s momentum if they bolster expectations for tighter monetary policy. Gold also faces resistance near $4,200. Gold faces $4,200 barrier

SPDR Gold Shares 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.