5,730 Shares in SPDR Gold Shares $GLD Bought by Chilton Investment Co. Inc.

Chilton Investment Co. Inc. purchased a new stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 5,730 shares of the exchange traded fund’s stock, valued at approximately $2,037,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC boosted its position in shares of SPDR Gold Shares by 31,232.8% in the second 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 period. First Eagle Investment Management LLC raised its holdings in shares of SPDR Gold Shares by 2.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock valued at $899,764,000 after buying an additional 66,416 shares during the period. Bank of Montreal Can purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $556,282,000. Ameriprise Financial Inc. lifted its position in SPDR Gold Shares by 3.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock worth $554,139,000 after acquiring an additional 50,756 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in SPDR Gold Shares by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock worth $434,701,000 after acquiring an additional 35,619 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares News Roundup

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

SPDR Gold Shares Stock Down 1.3%

NYSEARCA GLD opened at $460.84 on Monday. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70. The business has a 50 day moving average price of $454.30 and a two-hundred day moving average price of $400.06. The stock has a market cap of $175.17 billion, a PE 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.

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

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