SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 26.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 88,440 shares of the exchange traded fund’s stock after purchasing an additional 18,573 shares during the period. Sanctuary Advisors LLC’s holdings in SPDR Gold Shares were worth $22,096,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Price T Rowe Associates Inc. MD acquired a new position in shares of SPDR Gold Shares in the 1st quarter worth approximately $309,000. ORG Partners LLC bought a new position in SPDR Gold Shares during the second quarter worth $42,000. Valley National Advisers Inc. boosted its holdings in SPDR Gold Shares by 21.3% in the second quarter. Valley National Advisers Inc. now owns 650 shares of the exchange traded fund’s stock worth $139,000 after purchasing an additional 114 shares during the period. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares during the second quarter valued at $25,000. Finally, Miracle Mile Advisors LLC raised its holdings in shares of SPDR Gold Shares by 2.3% during the second quarter. Miracle Mile Advisors LLC now owns 4,800 shares of the exchange traded fund’s stock worth $1,032,000 after purchasing an additional 110 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.5 %

Shares of NYSEARCA:GLD opened at $247.32 on Friday. SPDR Gold Shares has a fifty-two week low of $183.38 and a fifty-two week high of $257.71. The firm has a 50-day simple moving average of $246.61 and a 200 day simple moving average of $233.05.

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).