SPDR Gold Shares (NYSEARCA:GLD) Position Decreased by Ariston Services Group

Ariston Services Group trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.7% during the 3rd quarter, Holdings Channel reports. The firm owned 18,267 shares of the exchange traded fund’s stock after selling 126 shares during the quarter. SPDR Gold Shares comprises approximately 3.9% of Ariston Services Group’s portfolio, making the stock its 9th biggest holding. Ariston Services Group’s holdings in SPDR Gold Shares were worth $4,440,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Toronto Dominion Bank lifted its position in SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after purchasing an additional 1,079,452 shares during the last quarter. International Assets Investment Management LLC boosted its position 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 valued at $735,169,000 after buying an additional 3,010,682 shares during the period. Envestnet Asset Management Inc. grew its holdings in SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after acquiring an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of 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 acquiring an additional 70,290 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of 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 valued at $184,474,000 after acquiring an additional 54,974 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock traded up $0.46 during trading on Wednesday, reaching $256.55. 1,235,872 shares of the stock were exchanged, compared to its average volume of 6,943,612. SPDR Gold Shares has a 1 year low of $179.11 and a 1 year high of $256.76. The stock’s fifty day moving average is $241.03 and its 200 day moving average is $226.94.

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).