SPDR Gold Shares $GLD Shares Bought by Austin Wealth Management LLC

Austin Wealth Management LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 30.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,351 shares of the exchange traded fund’s stock after acquiring an additional 2,165 shares during the quarter. Austin Wealth Management LLC’s holdings in SPDR Gold Shares were worth $3,528,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of GLD. Laurel Wealth Advisors LLC grew its stake in SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after buying an additional 2,913,079 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Gold Shares by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock valued at $434,701,000 after buying an additional 35,619 shares during the period. Corient Private Wealth LLC increased its holdings in shares of SPDR Gold Shares by 108.1% in the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after purchasing an additional 559,507 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in SPDR Gold Shares by 15.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after purchasing an additional 114,028 shares in the last quarter. Finally, State Street Corp boosted its position in shares of SPDR Gold Shares by 5.9% in the 2nd quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock worth $260,356,000 after buying an additional 47,264 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

Key SPDR Gold Shares News

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

SPDR Gold Shares Stock Performance

GLD stock opened at $455.46 on Friday. The stock’s 50 day moving average price is $418.40 and its 200 day moving average price is $371.41. SPDR Gold Shares has a 1 year low of $261.25 and a 1 year high of $509.70. The firm has a market cap of $173.12 billion, a P/E ratio of -32.43 and a beta of 0.09.

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.

See Also

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

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