SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Independent Family Office LLC

Independent Family Office LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 26.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,645 shares of the exchange traded fund’s stock after purchasing an additional 6,569 shares during the quarter. SPDR Gold Shares accounts for approximately 3.9% of Independent Family Office LLC’s holdings, making the stock its 8th largest holding. Independent Family Office LLC’s holdings in SPDR Gold Shares were worth $7,692,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Integrated Wealth Concepts LLC raised its position in SPDR Gold Shares by 0.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 92,887 shares of the exchange traded fund’s stock worth $22,577,000 after purchasing an additional 642 shares during the last quarter. Ionic Capital Management LLC boosted its position in SPDR Gold Shares by 524.0% during the third quarter. Ionic Capital Management LLC now owns 11,918 shares of the exchange traded fund’s stock valued at $2,897,000 after buying an additional 10,008 shares during the period. Iron Gate Global Advisors LLC raised its stake in SPDR Gold Shares by 12.8% in the third quarter. Iron Gate Global Advisors LLC now owns 2,043 shares of the exchange traded fund’s stock worth $497,000 after buying an additional 232 shares in the last quarter. IronBridge Private Wealth LLC grew its holdings in shares of SPDR Gold Shares by 2.9% during the third quarter. IronBridge Private Wealth LLC now owns 49,470 shares of the exchange traded fund’s stock valued at $12,024,000 after buying an additional 1,411 shares during the last quarter. Finally, Itau Unibanco Holding S.A. raised its position in SPDR Gold Shares by 560.6% in the third quarter. Itau Unibanco Holding S.A. now owns 112,300 shares of the exchange traded fund’s stock worth $27,296,000 after acquiring an additional 95,300 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD traded up $1.32 on Tuesday, reaching $244.76. The company’s stock had a trading volume of 448,739 shares, compared to its average volume of 7,000,642. SPDR Gold Shares has a 52-week low of $183.15 and a 52-week high of $257.71. The company has a 50-day simple moving average of $246.53 and a 200 day simple moving average of $231.64.

SPDR Gold Shares Company 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).