SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,870 shares of the exchange traded fund’s stock after purchasing an additional 107 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $455,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. First Foundation Advisors lifted its stake in SPDR Gold Shares by 4.2% during the first quarter. First Foundation Advisors now owns 5,984 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 243 shares during the last quarter. TIAA Trust National Association lifted its stake in SPDR Gold Shares by 51.8% in the first quarter. TIAA Trust National Association now owns 2,153 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 735 shares during the last quarter. Cercano Management LLC lifted its stake in SPDR Gold Shares by 10,869.6% in the first quarter. Cercano Management LLC now owns 50,460 shares of the exchange traded fund’s stock valued at $10,381,000 after buying an additional 50,000 shares during the last quarter. Ironsides Asset Advisors LLC purchased a new stake in SPDR Gold Shares in the first quarter valued at approximately $206,000. Finally, Strait & Sound Wealth Management LLC lifted its stake in SPDR Gold Shares by 9.3% in the first quarter. Strait & Sound Wealth Management LLC now owns 1,181 shares of the exchange traded fund’s stock valued at $260,000 after buying an additional 100 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $236.60 on Friday. SPDR Gold Shares has a 12 month low of $182.23 and a 12 month high of $257.71. The business has a 50 day simple moving average of $244.95 and a 200-day simple moving average of $229.41.

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).