SPDR Gold Shares (NYSEARCA:GLD) Stake Boosted by Wealth Management Partners LLC

Wealth Management Partners LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 3.1% in the 1st quarter, Holdings Channel reports. The firm owned 1,720 shares of the exchange traded fund’s stock after acquiring an additional 51 shares during the quarter. Wealth Management Partners LLC’s holdings in SPDR Gold Shares were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Crane Advisory LLC boosted its position in shares of SPDR Gold Shares by 16.5% during the first quarter. Crane Advisory LLC now owns 1,837 shares of the exchange traded fund’s stock worth $389,000 after buying an additional 260 shares during the period. Austin Private Wealth LLC boosted its position in shares of SPDR Gold Shares by 40.0% during the first quarter. Austin Private Wealth LLC now owns 2,683 shares of the exchange traded fund’s stock worth $571,000 after buying an additional 766 shares during the period. Doliver Advisors LP lifted its position in SPDR Gold Shares by 2.9% in the first quarter. Doliver Advisors LP now owns 3,440 shares of the exchange traded fund’s stock worth $708,000 after purchasing an additional 97 shares during the period. Global Assets Advisory LLC acquired a new stake in SPDR Gold Shares in the first quarter worth approximately $144,269,000. Finally, Traynor Capital Management Inc. lifted its position in SPDR Gold Shares by 19.9% in the first 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 institutional investors.

SPDR Gold Shares Stock Performance

GLD traded down $0.42 during trading on Tuesday, reaching $215.21. The stock had a trading volume of 1,094,617 shares, compared to its average volume of 7,390,371. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.66. The stock has a 50 day moving average of $216.70 and a two-hundred day moving average of $202.11.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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