Red Door Wealth Management LLC Acquires 1,678 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Red Door Wealth Management LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 16.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,939 shares of the exchange traded fund’s stock after purchasing an additional 1,678 shares during the period. Red Door Wealth Management LLC’s holdings in SPDR Gold Shares were worth $2,891,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. 1832 Asset Management L.P. increased its stake in SPDR Gold Shares by 1.6% in the second quarter. 1832 Asset Management L.P. now owns 5,115 shares of the exchange traded fund’s stock valued at $1,100,000 after acquiring an additional 80 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of SPDR Gold Shares by 4.2% during the second quarter. AQR Capital Management LLC now owns 94,939 shares of the exchange traded fund’s stock valued at $20,413,000 after buying an additional 3,839 shares during the last quarter. Delta Investment Management LLC increased its holdings in shares of SPDR Gold Shares by 22.3% in the second quarter. Delta Investment Management LLC now owns 6,808 shares of the exchange traded fund’s stock worth $1,464,000 after buying an additional 1,241 shares during the period. Dimension Capital Management LLC lifted its stake in shares of SPDR Gold Shares by 3.2% in the 2nd quarter. Dimension Capital Management LLC now owns 187,467 shares of the exchange traded fund’s stock valued at $40,307,000 after acquiring an additional 5,770 shares during the last quarter. Finally, Daymark Wealth Partners LLC boosted its holdings in SPDR Gold Shares by 33.4% during the 2nd quarter. Daymark Wealth Partners LLC now owns 2,236 shares of the exchange traded fund’s stock valued at $481,000 after acquiring an additional 560 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.1 %

Shares of SPDR Gold Shares stock opened at $254.07 on Friday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71. The business’s 50 day simple moving average is $244.59 and its two-hundred day simple moving average is $239.07.

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).