WealthPlan Investment Management LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,138 shares of the exchange traded fund’s stock, valued at approximately $277,000.
A number of other institutional investors have also added to or reduced their stakes in GLD. Obermeyer Wood Investment Counsel Lllp raised its position in shares of SPDR Gold Shares by 4.4% during 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 buying an additional 490 shares in the last quarter. Linden Thomas Advisory Services LLC raised its position in SPDR Gold Shares by 5.1% during the second quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after purchasing an additional 239 shares in the last quarter. RDA Financial Network lifted its stake in SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares during the last quarter. Oxler Private Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 48.9% in the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after purchasing an additional 8,021 shares in the last quarter. Finally, Blue Fin Capital Inc. increased its position in shares of SPDR Gold Shares by 1.1% during the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after purchasing an additional 388 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Stock Performance
NYSEARCA:GLD opened at $240.10 on Wednesday. The business has a 50 day moving average of $244.40 and a 200 day moving average of $228.99. SPDR Gold Shares has a 1-year low of $179.11 and a 1-year high of $257.71.
SPDR Gold Shares Company 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).
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