Staley Capital Advisers Inc. Sells 25,605 Shares of SPDR Gold Shares $GLD

Staley Capital Advisers Inc. trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 15.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,014 shares of the exchange traded fund’s stock after selling 25,605 shares during the period. SPDR Gold Shares accounts for approximately 2.6% of Staley Capital Advisers Inc.’s holdings, making the stock its 14th largest position. Staley Capital Advisers Inc.’s holdings in SPDR Gold Shares were worth $62,398,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in SPDR Gold Shares by 8.5% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 21,093 shares of the exchange traded fund’s stock valued at $9,076,000 after purchasing an additional 1,659 shares in the last quarter. Richmond Investment Services LLC increased its position in SPDR Gold Shares by 136.7% in the first quarter. Richmond Investment Services LLC now owns 6,230 shares of the exchange traded fund’s stock worth $2,681,000 after buying an additional 3,598 shares in the last quarter. Cvfg LLC purchased a new stake in SPDR Gold Shares in the first quarter worth about $210,000. Montag A & Associates Inc. raised its stake in shares of SPDR Gold Shares by 15.5% in the first quarter. Montag A & Associates Inc. now owns 20,274 shares of the exchange traded fund’s stock worth $8,724,000 after buying an additional 2,719 shares during the period. Finally, Brighton Securities CORP. raised its stake in shares of SPDR Gold Shares by 27.4% in the first quarter. Brighton Securities CORP. now owns 5,780 shares of the exchange traded fund’s stock worth $2,487,000 after buying an additional 1,242 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 0.8%

GLD stock opened at $374.45 on Thursday. The business’s 50-day moving average price is $401.29 and its 200-day moving average price is $426.71. The stock has a market cap of $131.32 billion, a P/E ratio of -32.43 and a beta of 0.17. SPDR Gold Shares has a twelve month low of $300.95 and a twelve month high of $509.70.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Some analysts still see a constructive longer-term backdrop for gold, citing ongoing central bank buying and official-sector demand that could support prices later in 2026. Gold had a rough Q2, but central bank demand will push prices higher through 2026 – Invesco
• Positive Sentiment: Renewed geopolitical tensions in the Middle East continue to keep safe-haven demand alive, which can help cushion downside in GLD when risk aversion rises. Gold Rises on Renewed Middle East Tensions
• Neutral Sentiment: Several market updates say gold is testing major support levels around the $4,000 area, suggesting traders are watching for either a rebound or a deeper technical breakdown. Gold Forecast – Precious Metal Eyes Crucial $4,000 Psychological Floor
• Negative Sentiment: Gold prices fell Wednesday as hawkish Fed minutes and stronger yields/dollar reduced the appeal of non-yielding assets, directly pressuring GLD. Gold slides as Fed minutes, Hormuz oil spike lift yields – Kitco PM Report
• Negative Sentiment: ETF outflows in June signal investors have been reducing exposure to gold-backed funds as higher opportunity costs and rate expectations continue to weigh on sentiment. Investors flee gold ETFs in June as hawkish Fed expectations drive liquidation
• Negative Sentiment: Technical commentary also remains bearish, with multiple reports saying gold is struggling at resistance and may retest lower support if yields stay elevated. Gold (XAU/USD) Price Forecast: Resistance Keeps Bears in Control

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.