Strategies Wealth Advisors LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 0.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 54,329 shares of the exchange traded fund’s stock after acquiring an additional 308 shares during the period. SPDR Gold Shares comprises about 2.0% of Strategies Wealth Advisors LLC’s portfolio, making the stock its 14th largest holding. Strategies Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $9,685,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Moneta Group Investment Advisors LLC raised its stake in SPDR Gold Shares by 67,584.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock valued at $515,198,000 after purchasing an additional 3,032,521 shares during the period. Toronto Dominion Bank raised its stake in SPDR Gold Shares by 77.6% during the 1st quarter. Toronto Dominion Bank now owns 5,340,797 shares of the exchange traded fund’s stock valued at $978,543,000 after purchasing an additional 2,333,468 shares during the period. State Street Corp raised its stake in SPDR Gold Shares by 256.0% during the 1st quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock valued at $206,432,000 after purchasing an additional 821,773 shares during the period. Fullerton Fund Management Co Ltd. raised its stake in SPDR Gold Shares by 4,847.1% during the 4th quarter. Fullerton Fund Management Co Ltd. now owns 622,043 shares of the exchange traded fund’s stock valued at $105,523,000 after purchasing an additional 609,469 shares during the period. Finally, Virtu Financial LLC acquired a new stake in SPDR Gold Shares during the 1st quarter valued at $100,880,000. Institutional investors and hedge funds own 40.99% of the company’s stock.
SPDR Gold Shares Price Performance
NYSEARCA:GLD traded up $0.98 during trading hours on Monday, hitting $179.32. 2,677,832 shares of the stock traded hands, compared to its average volume of 6,928,548. The firm has a 50 day moving average price of $179.30 and a 200 day moving average price of $181.13. SPDR Gold Shares has a fifty-two week low of $150.57 and a fifty-two week high of $191.36.
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).
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