Strategic Wealth Partners Ltd. Increases Position in SPDR Gold Shares (NYSEARCA:GLD)

Strategic Wealth Partners Ltd. raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 5.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,791 shares of the exchange traded fund’s stock after purchasing an additional 865 shares during the period. Strategic Wealth Partners Ltd.’s holdings in SPDR Gold Shares were worth $4,324,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. TKG Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 0.7% in the 4th quarter. TKG Advisors LLC now owns 15,224 shares of the exchange traded fund’s stock valued at $2,910,000 after purchasing an additional 110 shares during the last quarter. City Holding Co. grew its position in shares of SPDR Gold Shares by 5.6% during the first quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock worth $763,000 after acquiring an additional 195 shares during the last quarter. St. Johns Investment Management Company LLC grew its position in shares of SPDR Gold Shares by 5.7% during the first quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock worth $5,704,000 after acquiring an additional 1,492 shares during the last quarter. Bradley Foster & Sargent Inc. CT raised its position in SPDR Gold Shares by 0.8% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 297,779 shares of the exchange traded fund’s stock valued at $56,926,000 after purchasing an additional 2,335 shares during the last quarter. Finally, Traynor Capital Management Inc. boosted its stake in SPDR Gold Shares by 19.9% during the 1st quarter. Traynor Capital Management Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $354,000 after purchasing an additional 285 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.8 %

Shares of GLD stock opened at $242.32 on Wednesday. The business’s 50 day moving average is $233.77 and its two-hundred day moving average is $222.58. SPDR Gold Shares has a twelve month low of $171.07 and a twelve month high of $247.37.

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).