Silvia Mccoll Wealth Management LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 34.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,294 shares of the exchange traded fund’s stock after buying an additional 591 shares during the period. Silvia Mccoll Wealth Management LLC’s holdings in SPDR Gold Shares were worth $555,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Brown Brothers Harriman & Co. grew its holdings in SPDR Gold Shares by 15.3% in the second quarter. Brown Brothers Harriman & Co. now owns 26,399 shares of the exchange traded fund’s stock valued at $5,676,000 after purchasing an additional 3,509 shares during the last quarter. One Capital Management LLC raised its position in shares of SPDR Gold Shares by 70.7% during the 2nd quarter. One Capital Management LLC now owns 6,357 shares of the exchange traded fund’s stock worth $1,367,000 after purchasing an additional 2,633 shares during the last quarter. Citizens Financial Group Inc. RI lifted its stake in SPDR Gold Shares by 26.2% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 17,311 shares of the exchange traded fund’s stock valued at $3,722,000 after buying an additional 3,594 shares in the last quarter. Luts & Greenleigh Group Inc. acquired a new stake in SPDR Gold Shares during the 2nd quarter valued at $992,000. Finally, Peregrine Asset Advisers Inc. lifted its position in shares of SPDR Gold Shares by 379.1% in the second quarter. Peregrine Asset Advisers Inc. now owns 22,562 shares of the exchange traded fund’s stock valued at $4,851,000 after acquiring an additional 17,853 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Performance
Shares of NYSEARCA GLD traded up $0.61 during midday trading on Wednesday, reaching $247.64. 764,973 shares of the stock were exchanged, compared to its average volume of 5,843,370. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71. The stock has a 50 day moving average price of $243.74 and a 200-day moving average price of $237.81.
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).
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