Fractal Investments LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 2,500 shares of the exchange traded fund’s stock, valued at approximately $608,000.
A number of other institutional investors have also recently modified their holdings of GLD. Crescent Grove Advisors LLC boosted its position in shares of SPDR Gold Shares by 10.0% during the 3rd quarter. Crescent Grove Advisors LLC now owns 5,966 shares of the exchange traded fund’s stock worth $1,450,000 after acquiring an additional 544 shares in the last quarter. Austin Private Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 47.1% in the 3rd quarter. Austin Private Wealth LLC now owns 2,774 shares of the exchange traded fund’s stock valued at $674,000 after purchasing an additional 888 shares in the last quarter. Crestwood Advisors Group LLC raised its holdings in shares of SPDR Gold Shares by 4.6% during the 3rd quarter. Crestwood Advisors Group LLC now owns 4,997 shares of the exchange traded fund’s stock worth $1,215,000 after buying an additional 222 shares in the last quarter. Heritage Investors Management Corp lifted its position in shares of SPDR Gold Shares by 123.1% during the 3rd quarter. Heritage Investors Management Corp now owns 2,476 shares of the exchange traded fund’s stock worth $602,000 after buying an additional 1,366 shares during the last quarter. Finally, Pittenger & Anderson Inc. acquired a new stake in SPDR Gold Shares in the third quarter valued at about $38,000. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Price Performance
Shares of NYSEARCA GLD opened at $253.36 on Wednesday. The stock has a 50-day moving average price of $243.23 and a two-hundred day moving average price of $228.11. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $257.71.
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).
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