3,816 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by Tradewinds LLC.

Tradewinds LLC. bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,816 shares of the exchange traded fund’s stock, valued at approximately $928,000.

Several other hedge funds have also modified their holdings of GLD. International Assets Investment Management LLC raised 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 buying an additional 3,010,682 shares during the period. Arizona PSPRS Trust purchased a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at approximately $157,187,000. Cetera Investment Advisers lifted its position in shares of SPDR Gold Shares by 461.0% in the 1st quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after acquiring an additional 577,210 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in SPDR Gold Shares by 9,654.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after purchasing an additional 544,807 shares during the period. Finally, Granite Bay Wealth Management LLC grew its position in SPDR Gold Shares by 25,320.8% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock worth $111,854,000 after purchasing an additional 514,519 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

GLD opened at $244.62 on Thursday. The stock has a fifty day moving average of $245.60 and a 200-day moving average of $230.15. SPDR Gold Shares has a 12-month low of $183.15 and a 12-month 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).