SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by swisspartners Advisors Ltd

swisspartners Advisors Ltd increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.2% during the 3rd quarter, Holdings Channel reports. The fund owned 31,580 shares of the exchange traded fund’s stock after buying an additional 1,830 shares during the quarter. SPDR Gold Shares accounts for about 6.0% of swisspartners Advisors Ltd’s investment portfolio, making the stock its 8th biggest holding. swisspartners Advisors Ltd’s holdings in SPDR Gold Shares were worth $7,676,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. F M Investments LLC acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $234,000. Vigilare Wealth Management boosted its holdings in SPDR Gold Shares by 20.2% in the 3rd quarter. Vigilare Wealth Management now owns 35,826 shares of the exchange traded fund’s stock valued at $8,708,000 after purchasing an additional 6,021 shares during the period. Chicago Partners Investment Group LLC grew its position in shares of SPDR Gold Shares by 9.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 2,602 shares of the exchange traded fund’s stock worth $653,000 after purchasing an additional 234 shares in the last quarter. Atlas Financial Advisors Inc. increased its holdings in shares of SPDR Gold Shares by 12.9% during the third quarter. Atlas Financial Advisors Inc. now owns 2,966 shares of the exchange traded fund’s stock worth $721,000 after purchasing an additional 340 shares during the period. Finally, Gladstone Institutional Advisory LLC boosted its stake in shares of SPDR Gold Shares by 20.8% in the third quarter. Gladstone Institutional Advisory LLC now owns 31,199 shares of the exchange traded fund’s stock valued at $7,583,000 after buying an additional 5,374 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD traded down $1.04 during midday trading on Friday, hitting $252.47. The stock had a trading volume of 6,473,012 shares, compared to its average volume of 6,979,509. SPDR Gold Shares has a fifty-two week low of $179.11 and a fifty-two week high of $257.71. The company’s 50-day moving average price is $242.43 and its 200-day moving average price is $227.56.

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).