Clear Harbor Asset Management LLC Buys 50 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Clear Harbor Asset Management LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,702 shares of the exchange traded fund’s stock after acquiring an additional 50 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in SPDR Gold Shares were worth $1,629,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GLD. Romano Brothers AND Company boosted its position in shares of SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 40 shares in the last quarter. Delta Financial Group Inc. lifted its position in SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 41 shares during the period. Compton Wealth Advisory Group LLC boosted its holdings in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after buying an additional 44 shares in the last quarter. Ballast Inc. grew its position in shares of SPDR Gold Shares by 3.6% in the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after buying an additional 45 shares during the period. Finally, Sunbelt Securities Inc. increased its stake in shares of SPDR Gold Shares by 2.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock worth $455,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $253.32 on Friday. SPDR Gold Shares has a 1 year low of $179.11 and a 1 year high of $253.94. The firm has a 50-day moving average of $240.12 and a 200 day moving average of $226.35.

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).