Icon Wealth Advisors LLC Purchases 37,583 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Icon Wealth Advisors LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6,457.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,165 shares of the exchange traded fund’s stock after buying an additional 37,583 shares during the quarter. Icon Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $9,276,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLD. Ameritas Investment Partners Inc. grew its position in shares of SPDR Gold Shares by 19.5% during the 1st quarter. Ameritas Investment Partners Inc. now owns 890 shares of the exchange traded fund’s stock worth $183,000 after buying an additional 145 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in SPDR Gold Shares by 15.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 3,905 shares of the exchange traded fund’s stock valued at $803,000 after purchasing an additional 513 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in SPDR Gold Shares by 5.2% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 2,028 shares of the exchange traded fund’s stock valued at $417,000 after purchasing an additional 100 shares in the last quarter. LRI Investments LLC bought a new stake in SPDR Gold Shares during the first quarter valued at about $349,000. Finally, Kestra Advisory Services LLC boosted its position in SPDR Gold Shares by 0.8% during the first quarter. Kestra Advisory Services LLC now owns 175,380 shares of the exchange traded fund’s stock valued at $36,079,000 after purchasing an additional 1,369 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.8 %

Shares of GLD stock opened at $246.66 on Friday. SPDR Gold Shares has a 1-year low of $183.15 and a 1-year high of $257.71. The stock’s 50-day moving average is $245.81 and its 200 day moving average is $230.27.

About SPDR Gold Shares

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).