Private Advisor Group LLC Grows Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Private Advisor Group LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 15.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 235,141 shares of the exchange traded fund’s stock after buying an additional 30,705 shares during the period. Private Advisor Group LLC owned approximately 0.08% of SPDR Gold Shares worth $50,558,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Triad Wealth Partners LLC purchased a new position in SPDR Gold Shares in the second quarter worth $25,000. Frazier Financial Advisors LLC acquired a new stake in shares of SPDR Gold Shares in the 4th quarter worth $26,000. Northwest Investment Counselors LLC purchased a new position in SPDR Gold Shares during the 1st quarter worth $26,000. Gold Investment Management Ltd. acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $27,000. Finally, Private Ocean LLC raised its stake in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $230.64 on Friday. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $234.01. The business has a 50-day simple moving average of $225.43 and a two-hundred day simple moving average of $215.59.

About SPDR Gold Shares

(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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