International Private Wealth Advisors LLC Has $1.01 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

International Private Wealth Advisors LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 51.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,172 shares of the exchange traded fund’s stock after purchasing an additional 1,422 shares during the quarter. SPDR Gold Shares makes up about 1.5% of International Private Wealth Advisors LLC’s portfolio, making the stock its 16th largest holding. International Private Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $1,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Kingsview Wealth Management LLC increased its position in SPDR Gold Shares by 1.1% in the 1st quarter. Kingsview Wealth Management LLC now owns 38,662 shares of the exchange traded fund’s stock valued at $7,954,000 after acquiring an additional 411 shares during the period. HBK Sorce Advisory LLC increased its position in SPDR Gold Shares by 21.6% in the 1st quarter. HBK Sorce Advisory LLC now owns 7,207 shares of the exchange traded fund’s stock valued at $1,483,000 after acquiring an additional 1,282 shares during the period. Blair William & Co. IL increased its position in SPDR Gold Shares by 4.1% in the 1st quarter. Blair William & Co. IL now owns 159,747 shares of the exchange traded fund’s stock valued at $32,863,000 after acquiring an additional 6,321 shares during the period. ProVise Management Group LLC increased its position in SPDR Gold Shares by 10.7% in the 1st quarter. ProVise Management Group LLC now owns 2,351 shares of the exchange traded fund’s stock valued at $484,000 after acquiring an additional 228 shares during the period. Finally, Brighton Jones LLC increased its position in SPDR Gold Shares by 4.9% in the 1st quarter. Brighton Jones LLC now owns 11,018 shares of the exchange traded fund’s stock valued at $2,267,000 after acquiring an additional 513 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.2 %

NYSEARCA GLD traded down $0.59 on Thursday, hitting $237.04. The company’s stock had a trading volume of 2,302,285 shares, compared to its average volume of 7,025,097. SPDR Gold Shares has a 1-year low of $181.31 and a 1-year high of $257.71. The company’s 50-day moving average is $244.74 and its 200 day moving average is $229.21.

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).