Blair William & Co. IL Raises Stock Holdings in SPDR Gold Shares $GLD

Blair William & Co. IL raised its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 23.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 178,163 shares of the exchange traded fund’s stock after acquiring an additional 34,108 shares during the quarter. Blair William & Co. IL’s holdings in SPDR Gold Shares were worth $63,332,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Empirical Asset Management LLC raised its holdings in shares of SPDR Gold Shares by 256.7% in the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock valued at $12,941,000 after purchasing an additional 26,197 shares in the last quarter. Colonial Trust Advisors lifted its position in shares of SPDR Gold Shares by 7.6% in the 3rd quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock worth $7,010,000 after purchasing an additional 1,385 shares during the period. Spirepoint Private Client LLC bought a new position in shares of SPDR Gold Shares during the third quarter valued at approximately $742,000. Alpha Cubed Investments LLC boosted its stake in shares of SPDR Gold Shares by 5.7% during the second quarter. Alpha Cubed Investments LLC now owns 2,722 shares of the exchange traded fund’s stock valued at $830,000 after purchasing an additional 146 shares in the last quarter. Finally, FAS Wealth Partners Inc. increased its holdings in SPDR Gold Shares by 71.1% during the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock valued at $7,435,000 after buying an additional 8,691 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.6%

Shares of NYSEARCA:GLD opened at $473.51 on Friday. The company has a market capitalization of $179.98 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $265.64 and a 52 week high of $509.70. The firm has a 50 day moving average of $446.99 and a 200 day moving average of $393.81.

SPDR Gold Shares News Summary

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SPDR Gold Shares 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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