Park Avenue Securities LLC Buys 2,142 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Park Avenue Securities LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,064 shares of the exchange traded fund’s stock after acquiring an additional 2,142 shares during the period. Park Avenue Securities LLC’s holdings in SPDR Gold Shares were worth $11,638,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. boosted its position in shares of SPDR Gold Shares by 15.3% during the second quarter. Brown Brothers Harriman & Co. now owns 26,399 shares of the exchange traded fund’s stock worth $5,676,000 after buying an additional 3,509 shares during the period. One Capital Management LLC boosted its position in SPDR Gold Shares by 70.7% during the 2nd quarter. One Capital Management LLC now owns 6,357 shares of the exchange traded fund’s stock worth $1,367,000 after acquiring an additional 2,633 shares during the last quarter. Citizens Financial Group Inc. RI raised its holdings in shares of SPDR Gold Shares by 26.2% in the second quarter. Citizens Financial Group Inc. RI now owns 17,311 shares of the exchange traded fund’s stock valued at $3,722,000 after purchasing an additional 3,594 shares during the last quarter. Luts & Greenleigh Group Inc. bought a new stake in shares of SPDR Gold Shares in the second quarter worth $992,000. Finally, Peregrine Asset Advisers Inc. grew its position in SPDR Gold Shares by 379.1% in the second quarter. Peregrine Asset Advisers Inc. now owns 22,562 shares of the exchange traded fund’s stock valued at $4,851,000 after purchasing an additional 17,853 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 0.5 %

Shares of GLD stock opened at $247.03 on Wednesday. The firm’s fifty day moving average price is $243.74 and its two-hundred day moving average price is $237.81. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year 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).