Stratos Wealth Advisors LLC Has $16.23 Million Stock Position in SPDR Gold Shares $GLD

Stratos Wealth Advisors LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.3% in the fourth quarter, Holdings Channel reports. The firm owned 40,956 shares of the exchange traded fund’s stock after selling 17,005 shares during the quarter. SPDR Gold Shares accounts for approximately 0.8% of Stratos Wealth Advisors LLC’s holdings, making the stock its 25th biggest holding. Stratos Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $16,231,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. First Eagle Investment Management LLC boosted its holdings in SPDR Gold Shares by 2.7% during the third quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock worth $899,764,000 after buying an additional 66,416 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at about $556,282,000. Ameriprise Financial Inc. increased its stake in shares of SPDR Gold Shares by 3.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock valued at $554,139,000 after acquiring an additional 50,756 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Gold Shares by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock valued at $434,701,000 after acquiring an additional 35,619 shares during the period. Finally, Barclays PLC raised its position in shares of SPDR Gold Shares by 1.4% in the 3rd quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock valued at $400,037,000 after acquiring an additional 15,932 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $429.41 on Friday. The firm has a market capitalization of $157.34 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The company’s 50 day simple moving average is $454.35 and its 200 day simple moving average is $409.15. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70.

Trending Headlines about SPDR Gold Shares

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

• Positive Sentiment: Daily ETF flows show fresh demand for GLD — the fund gathered about $550M on April 1, which supports spot-gold exposure and liquidity for GLD holders. Daily ETF Flows: GLD Gathers $550M
• Positive Sentiment: Central banks remain net buyers of gold, a structural demand tailwind that supports bullion and GLD over the medium term. Central banks remain net gold buyers
• Positive Sentiment: Technical/market bounce: some analysts note a short-term recovery in gold (weekly rebound, reclaiming moving-average support), which can stabilize GLD if momentum continues. Gold Weekly Price Analysis – Gold Continues to Fight Back
• Neutral Sentiment: ETF positioning vs. alternatives — coverage notes GLD offers superior liquidity and a low expense ratio vs. some peers (IAU, SGDM, SIL), meaning investors may prefer GLD for core gold exposure even as other funds outperform intermittently. GLD or IAU ETF pick
• Negative Sentiment: Macro headwinds: a spike in oil shifted the rate outlook higher, lifting inflation concerns and Treasury yields — this reduces gold’s safe-haven appeal and pressured prices. Gold Drops As Oil Spike Shifts Rate Outlook
• Negative Sentiment: Dollar and bond-yield strength ahead of key U.S. data (NFP) has applied near-term selling pressure on gold, which typically drags GLD lower while yields rise. Gold and Silver Technical Analysis: Prices Under Pressure
• Negative Sentiment: Minor institutional trimming: a small 13F disclosure shows Balboa Wealth Partners cut its GLD position (~15.8% of its holding), a modest signal but not large enough alone to move the market. Balboa Wealth Partners sells GLD

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.