SPDR Gold Shares $GLD Shares Acquired by Wise Wealth Partners

by · The Markets Daily

Wise Wealth Partners boosted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 44.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,543 shares of the exchange traded fund’s stock after buying an additional 4,775 shares during the quarter. SPDR Gold Shares accounts for approximately 8.5% of Wise Wealth Partners’ holdings, making the stock its 2nd biggest holding. Wise Wealth Partners’ holdings in SPDR Gold Shares were worth $5,525,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American National Bank & Trust lifted its position in shares of SPDR Gold Shares by 52.4% during the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 100 shares during the last quarter. StrongBox Wealth LLC raised its stake in SPDR Gold Shares by 10.1% during the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after buying an additional 136 shares in the last quarter. Beaumont Financial Advisors LLC lifted its holdings in SPDR Gold Shares by 6.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after buying an additional 215 shares during the last quarter. TD Private Client Wealth LLC grew its position in shares of SPDR Gold Shares by 14.6% in the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock worth $15,618,000 after acquiring an additional 6,540 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its position in shares of SPDR Gold Shares by 151.5% in the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 835 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting SPDR Gold Shares

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Trading Up 0.7%

Shares of NYSEARCA GLD opened at $414.47 on Friday. The company has a market capitalization of $154.31 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a twelve month low of $245.15 and a twelve month high of $418.45. The business has a 50 day simple moving average of $390.08 and a 200-day simple moving average of $351.63.

SPDR Gold Shares Company Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

See Also

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).