Cerity Partners LLC Boosts Stock Holdings in SPDR Gold Shares $GLD

Cerity Partners LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 0.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 428,548 shares of the exchange traded fund’s stock after buying an additional 1,798 shares during the quarter. Cerity Partners LLC owned 0.12% of SPDR Gold Shares worth $152,439,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of GLD. Brighton Jones LLC lifted its position in SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after purchasing an additional 1,903 shares during the last quarter. Bison Wealth LLC raised its holdings in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares during the last quarter. Vident Advisory LLC purchased a new stake in SPDR Gold Shares during the 1st quarter valued at $279,000. Amundi grew its holdings in SPDR Gold Shares by 680.4% in the 1st quarter. Amundi now owns 18,925 shares of the exchange traded fund’s stock worth $5,420,000 after acquiring an additional 16,500 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its holdings in SPDR Gold Shares by 32.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 2,465 shares of the exchange traded fund’s stock worth $710,000 after acquiring an additional 605 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

Key Stories Impacting SPDR Gold Shares

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Trading Up 1.1%

Shares of NYSEARCA:GLD opened at $413.18 on Wednesday. The company has a 50-day moving average price of $387.40 and a 200-day moving average price of $350.07. The company has a market cap of $154.82 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $243.81 and a 12 month high of $418.45.

SPDR Gold Shares Company Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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