Hazlett Burt & Watson Inc. Has $492,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Hazlett Burt & Watson Inc. reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,019 shares of the exchange traded fund’s stock after selling 68 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in SPDR Gold Shares were worth $492,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC raised its stake in SPDR Gold Shares by 21,571.1% in the third 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. Toronto Dominion Bank raised its stake 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 buying an additional 1,079,452 shares during the period. Arizona PSPRS Trust bought a new stake in SPDR Gold Shares in the second quarter valued at approximately $157,187,000. Cetera Investment Advisers raised its stake in SPDR Gold Shares by 461.0% in the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after buying an additional 577,210 shares during the period. Finally, Strategic Financial Concepts LLC raised its stake in SPDR Gold Shares by 9,654.6% in the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after buying an additional 544,807 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD traded up $0.59 on Monday, hitting $253.06. The company’s stock had a trading volume of 1,471,979 shares, compared to its average volume of 6,953,918. The stock has a fifty day moving average of $242.43 and a two-hundred day moving average of $227.66. SPDR Gold Shares has a one year low of $179.11 and a one 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).