SPDR Gold Shares (NYSEARCA:GLD) Stake Raised by Blair William & Co. IL

Blair William & Co. IL grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 162,155 shares of the exchange traded fund’s stock after purchasing an additional 2,408 shares during the period. Blair William & Co. IL owned approximately 0.06% of SPDR Gold Shares worth $34,865,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Ballast Inc. grew its position in SPDR Gold Shares by 3.6% in the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $278,000 after acquiring an additional 45 shares during the period. Burkett Financial Services LLC grew its holdings in shares of SPDR Gold Shares by 9.9% in the 2nd quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 46 shares during the last quarter. CCG Wealth Management LLC increased its position in shares of SPDR Gold Shares by 1.2% during the 2nd quarter. CCG Wealth Management LLC now owns 4,001 shares of the exchange traded fund’s stock worth $860,000 after purchasing an additional 46 shares in the last quarter. Apollon Financial LLC lifted its holdings in SPDR Gold Shares by 1.7% during the 2nd quarter. Apollon Financial LLC now owns 2,809 shares of the exchange traded fund’s stock valued at $604,000 after purchasing an additional 47 shares during the last quarter. Finally, KG&L Capital Management LLC boosted its position in SPDR Gold Shares by 2.2% in the first quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock valued at $454,000 after buying an additional 48 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.8 %

NYSEARCA GLD opened at $235.51 on Thursday. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $240.29. The company has a 50 day moving average of $228.21 and a 200-day moving average of $218.39.

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).