Crestwood Advisors Group LLC Boosts Stake in SPDR Gold Shares (NYSEARCA:GLD)

Crestwood Advisors Group LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 4.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,997 shares of the exchange traded fund’s stock after buying an additional 222 shares during the quarter. Crestwood Advisors Group LLC’s holdings in SPDR Gold Shares were worth $1,215,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLD. Obermeyer Wood Investment Counsel Lllp increased its holdings in SPDR Gold Shares by 4.4% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after purchasing an additional 490 shares in the last quarter. Linden Thomas Advisory Services LLC lifted its holdings in SPDR Gold Shares by 5.1% in the second quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock worth $1,063,000 after acquiring an additional 239 shares during the last quarter. RDA Financial Network lifted its holdings in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after acquiring an additional 88 shares during the last quarter. Oxler Private Wealth LLC boosted its position in shares of SPDR Gold Shares by 48.9% during the second quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after buying an additional 8,021 shares during the period. Finally, Blue Fin Capital Inc. boosted its position in shares of SPDR Gold Shares by 1.1% during the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock worth $8,004,000 after buying an additional 388 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

Shares of NYSEARCA GLD opened at $253.36 on Wednesday. The stock has a 50 day simple moving average of $243.23 and a 200-day simple moving average of $228.11. SPDR Gold Shares has a 12-month low of $179.11 and a 12-month 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).