Cerity Partners OCIO LLC Acquires Shares of 364,792 SPDR Gold Shares (NYSEARCA:GLD)

Cerity Partners OCIO LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 364,792 shares of the exchange traded fund’s stock, valued at approximately $78,434,000. SPDR Gold Shares comprises approximately 6.0% of Cerity Partners OCIO LLC’s investment portfolio, making the stock its 8th largest position. Cerity Partners OCIO LLC owned about 0.12% of SPDR Gold Shares at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GLD. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares during the second quarter worth approximately $25,000. Northwest Investment Counselors LLC acquired a new stake in SPDR Gold Shares during the 1st quarter worth $26,000. Gold Investment Management Ltd. purchased a new stake in SPDR Gold Shares in the fourth quarter valued at $27,000. Private Ocean LLC boosted its stake in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares in the last quarter. Finally, Security National Bank purchased a new position in shares of SPDR Gold Shares during the first quarter worth about $28,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $242.21 on Friday. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $242.63. The stock has a 50-day simple moving average of $228.91 and a 200-day simple moving average of $219.01.

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).