Bradley Foster & Sargent Inc. CT Has $150.16 Million Stake in SPDR Gold Shares $GLD

Bradley Foster & Sargent Inc. CT grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 1.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 422,412 shares of the exchange traded fund’s stock after buying an additional 6,161 shares during the quarter. SPDR Gold Shares accounts for approximately 2.2% of Bradley Foster & Sargent Inc. CT’s portfolio, making the stock its 8th largest holding. Bradley Foster & Sargent Inc. CT owned about 0.12% of SPDR Gold Shares worth $150,155,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of GLD. Hopwood Financial Services Inc. purchased a new position in SPDR Gold Shares in the 3rd quarter worth approximately $27,000. Chapman Financial Group LLC bought a new position in shares of SPDR Gold Shares in the second quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of SPDR Gold Shares in the third quarter worth $31,000. Kilter Group LLC bought a new stake in SPDR Gold Shares during the 2nd quarter valued at $34,000. Finally, Traub Capital Management LLC purchased a new stake in SPDR Gold Shares during the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares News Roundup

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

SPDR Gold Shares Stock Down 1.4%

Shares of SPDR Gold Shares stock opened at $474.61 on Wednesday. The company’s fifty day simple moving average is $436.09 and its two-hundred day simple moving average is $384.95. SPDR Gold Shares has a 12-month low of $261.25 and a 12-month high of $509.70. The firm has a market cap of $180.40 billion, a PE ratio of -32.43 and a beta of 0.09.

About SPDR Gold Shares

(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.

See Also

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

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