SageGuard Financial Group LLC Sells 10,159 Shares of SPDR Gold Shares $GLD

SageGuard Financial Group LLC trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 28.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,826 shares of the exchange traded fund’s stock after selling 10,159 shares during the period. SPDR Gold Shares comprises approximately 1.3% of SageGuard Financial Group LLC’s investment portfolio, making the stock its 24th biggest position. SageGuard Financial Group LLC’s holdings in SPDR Gold Shares were worth $9,514,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Morgan Stanley grew its position in shares of SPDR Gold Shares by 22.4% in the 4th quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock valued at $5,506,229,000 after buying an additional 2,539,266 shares during the last quarter. Corient Private Wealth LLC raised its position in shares of SPDR Gold Shares by 571.3% during the fourth quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock worth $1,565,118,000 after acquiring an additional 3,360,966 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $474,952,000. Marino Management LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $438,475,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in SPDR Gold Shares by 13.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 938,260 shares of the exchange traded fund’s stock valued at $371,842,000 after acquiring an additional 109,205 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares News Summary

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

• Positive Sentiment: July U.S. CPI and PPI data were benign, easing expectations for further Federal Reserve tightening. Lower expected rates and potentially declining real yields reduce the opportunity cost of holding non-yielding gold. Cooler CPI and PPI boost gold and ease rate hike bets
• Positive Sentiment: UBS said gold could challenge $5,000 per ounce in the first half of 2027, citing lower real rates, a softer U.S. dollar and strong sovereign demand. The Bank of Korea’s reported $250 million purchase of SPDR Gold Shares also reinforces the central-bank demand narrative. UBS gold outlook Bank of Korea gold ETF purchase
• Positive Sentiment: An LBMA survey projected gold would average near $4,500 per ounce by year-end, suggesting analysts still see meaningful support for gold and, by extension, GLD. LBMA gold price survey
• Neutral Sentiment: Gold briefly neared $4,450 before retreating, leaving the market focused on whether it can break and hold above the $4,500 technical resistance level. Gold rally faces moment of truth
• Negative Sentiment: Gold snapped a four-session advance as traders locked in gains. Falling oil prices and easing yields also reduced the immediate appeal of gold as an inflation hedge, while a relatively firm dollar added pressure. Gold snaps four-day advance

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $398.96 on Friday. The stock has a market capitalization of $140.87 billion, a PE ratio of -32.43 and a beta of 0.17. The business’s 50 day simple moving average is $380.35 and its 200 day simple moving average is $419.85. SPDR Gold Shares has a one year low of $305.19 and a one year high of $509.70.

SPDR Gold Shares Company 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.