waypoint wealth counsel Has $6.91 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

waypoint wealth counsel grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 28,445 shares of the exchange traded fund’s stock after purchasing an additional 789 shares during the quarter. SPDR Gold Shares accounts for 4.7% of waypoint wealth counsel’s portfolio, making the stock its 6th largest position. waypoint wealth counsel’s holdings in SPDR Gold Shares were worth $6,914,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of GLD. Toronto Dominion Bank raised its position in SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after acquiring an additional 1,079,452 shares in the last quarter. Scarborough Advisors LLC raised its holdings in shares of SPDR Gold Shares by 10,133.3% in the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after purchasing an additional 2,636,376 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR Gold Shares by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after purchasing an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in SPDR Gold Shares by 7.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after buying an additional 70,290 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in SPDR Gold Shares by 6.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after buying an additional 54,974 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD traded down $0.49 during trading on Friday, hitting $245.00. The company had a trading volume of 5,951,628 shares, compared to its average volume of 7,064,065. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $247.37. The business’s 50-day moving average is $233.29 and its 200 day moving average is $222.14.

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).