Concurrent Investment Advisors LLC Sells 4,475 Shares of SPDR Gold Shares $GLD

Concurrent Investment Advisors LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 130,168 shares of the exchange traded fund’s stock after selling 4,475 shares during the quarter. SPDR Gold Shares makes up 0.8% of Concurrent Investment Advisors LLC’s portfolio, making the stock its 16th biggest holding. Concurrent Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $46,271,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of GLD. Mccarter Private Wealth Services LLC lifted its stake in shares of SPDR Gold Shares by 3.2% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 27 shares during the period. Norris Perne & French LLP MI increased its holdings in SPDR Gold Shares by 3.3% during the third quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after buying an additional 28 shares during the last quarter. Revisor Wealth Management LLC increased its holdings in SPDR Gold Shares by 2.4% during the third quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 29 shares during the last quarter. Halbert Hargrove Global Advisors LLC raised its position in SPDR Gold Shares by 12.0% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock worth $96,000 after acquiring an additional 29 shares during the period. Finally, Phil A. Younker & Associates Ltd. boosted its stake in shares of SPDR Gold Shares by 4.0% during the 3rd quarter. Phil A. Younker & Associates Ltd. now owns 781 shares of the exchange traded fund’s stock worth $278,000 after acquiring an additional 30 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $422.23 on Tuesday. SPDR Gold Shares has a one year low of $245.15 and a one year high of $425.74. The business has a fifty day moving average price of $391.15 and a 200-day moving average price of $353.08. The firm has a market capitalization of $157.49 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Criminal probe into Fed Chair Jerome Powell and public pressure on the Fed are weighing on dollar credibility, driving a “sell?America” move that has supported gold as an alternative store of value, boosting demand for GLD. ‘Sell America’ trade: Dollar drops, gold surges as Trump’s Fed pressure campaign raises fears about U.S. system
• Positive Sentiment: WSJ reports gold breaking through $4,600 as Fed concerns and geopolitical unrest lift safe?haven demand — a direct bullish driver for GLD given its exposure to spot gold. Gold Breaks Through $4,600 on Fed Concerns, Haven Boost
• Positive Sentiment: Geopolitical shocks (Iran unrest, Venezuela, and other flashpoints) are cited repeatedly as fueling safe?haven flows into gold and ETFs; analysts say continued geopolitical risk could sustain ETF inflows into GLD. Geopolitical chaos fuels gold and silver rally toward key milestones – Solomon Global’s Cawley
• Positive Sentiment: Analysts and commentary note ETFs like GLD, IAU and IAUM are beneficiaries of the rally as rate?cut bets grow and investors seek passive exposure to the metal. This supports continued demand for GLD shares. Gold Hits Record High on Political Uncertainty: Can the ETF Rally Last?
• Neutral Sentiment: FXEmpire and market?commentary pieces emphasize that headlines from the DOJ and dollar moves are the key intraday drivers — signaling that GLD’s path will remain headline?sensitive and potentially volatile. What I am Watching Today: The US Dollar and the Department of Justice
• Neutral Sentiment: Intraday technical analysis pieces lay out key entry and resistance levels for gold (and therefore GLD); traders may use these levels for short?term positioning, increasing turnover but not necessarily altering the long?term thesis. Gold market analysis for January 12 – key intra-day price entry levels for active traders
• Negative Sentiment: WSJ notes a likely technical correction after futures settled at new records — a short?term pullback could pressure GLD intraday and prompt profit?taking by momentum traders. Gold Edges Lower on Likely Technical Correction

About SPDR Gold Shares

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.