SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,586 shares of the exchange traded fund’s stock after acquiring an additional 120 shares during the quarter. Winthrop Advisory Group LLC’s holdings in SPDR Gold Shares were worth $628,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Romano Brothers AND Company increased its stake in shares of SPDR Gold Shares by 1.0% during the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares during the last quarter. Delta Financial Group Inc. increased its position in SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares during the last quarter. Spinnaker Trust raised its stake in SPDR Gold Shares by 1.1% during the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares during the period. Compton Wealth Advisory Group LLC boosted its holdings in shares of SPDR Gold Shares by 3.2% in the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 44 shares during the last quarter. Finally, Ballast Inc. grew its stake in shares of SPDR Gold Shares by 3.6% during the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 45 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

GLD stock opened at $249.66 on Friday. The business has a fifty day simple moving average of $243.51 and a 200-day simple moving average of $228.24. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week high of $257.71.

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).