Walkner Condon Financial Advisors LLC raised its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 6.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,565 shares of the exchange traded fund’s stock after buying an additional 652 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $2,568,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in GLD. D.B. Root & Company LLC raised its holdings in shares of SPDR Gold Shares by 3.6% in the 3rd quarter. D.B. Root & Company LLC now owns 8,780 shares of the exchange traded fund’s stock worth $2,134,000 after acquiring an additional 303 shares during the last quarter. Spinnaker Trust raised its stake in shares of SPDR Gold Shares by 1.1% in the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares during the last quarter. American Capital Advisory LLC raised its stake in shares of SPDR Gold Shares by 2.3% in the third quarter. American Capital Advisory LLC now owns 5,369 shares of the exchange traded fund’s stock worth $1,305,000 after purchasing an additional 122 shares during the last quarter. Maia Wealth LLC bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $72,000. Finally, Centennial Wealth Advisory LLC boosted its position in shares of SPDR Gold Shares by 2.7% during the third quarter. Centennial Wealth Advisory LLC now owns 8,395 shares of the exchange traded fund’s stock valued at $2,041,000 after buying an additional 219 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Trading Down 3.0 %
Shares of SPDR Gold Shares stock opened at $245.72 on Thursday. The stock has a fifty day simple moving average of $243.51 and a 200 day simple moving average of $228.24. SPDR Gold Shares has a 12-month low of $179.11 and a 12-month high of $257.71.
SPDR Gold Shares Profile
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).
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