Raymond James Trust N.A. Purchases 436 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Raymond James Trust N.A. increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,156 shares of the exchange traded fund’s stock after acquiring an additional 436 shares during the quarter. Raymond James Trust N.A.’s holdings in SPDR Gold Shares were worth $3,441,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC grew its holdings in SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares during the period. Envestnet Asset Management Inc. increased its holdings in SPDR Gold Shares by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after purchasing an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in SPDR Gold Shares by 7.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after buying an additional 70,290 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after buying an additional 54,974 shares during the last quarter. Finally, Arizona PSPRS Trust acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth about $157,187,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.3 %

Shares of GLD stock opened at $249.84 on Friday. The stock has a 50-day moving average of $246.03 and a 200-day moving average of $230.51. SPDR Gold Shares has a one year low of $183.15 and a one year 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).