Villere ST Denis J & Co. LLC Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Villere ST Denis J & Co. LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 914 shares of the exchange traded fund’s stock, valued at approximately $222,000.

A number of other institutional investors also recently bought and sold shares of the company. CWA Asset Management Group LLC purchased a new position in SPDR Gold Shares during the third quarter worth about $18,770,000. Leavell Investment Management Inc. increased its position in shares of SPDR Gold Shares by 9.0% during the third quarter. Leavell Investment Management Inc. now owns 2,856 shares of the exchange traded fund’s stock valued at $694,000 after acquiring an additional 237 shares during the last quarter. Source Financial Advisors LLC increased its position in shares of SPDR Gold Shares by 1.0% during the third quarter. Source Financial Advisors LLC now owns 13,278 shares of the exchange traded fund’s stock valued at $3,227,000 after acquiring an additional 133 shares during the last quarter. Beckerman Institutional LLC acquired a new stake in shares of SPDR Gold Shares during the third quarter valued at about $308,000. Finally, Hollencrest Capital Management increased its position in shares of SPDR Gold Shares by 2.4% during the third quarter. Hollencrest Capital Management now owns 4,215 shares of the exchange traded fund’s stock valued at $1,024,000 after acquiring an additional 100 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.7 %

Shares of GLD opened at $247.98 on Friday. SPDR Gold Shares has a 1-year low of $179.11 and a 1-year high of $257.71. The firm has a 50-day simple moving average of $244.18 and a two-hundred day simple moving average of $228.61.

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).