964 Shares in SPDR Gold Shares (NYSEARCA:GLD) Acquired by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 964 shares of the exchange traded fund’s stock, valued at approximately $234,000.

Several other large investors have also made changes to their positions in GLD. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares in the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. boosted its position in SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares in the last quarter. Private Ocean LLC boosted its position 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 in the last quarter. Chris Bulman Inc bought a new position in shares of SPDR Gold Shares during the second quarter valued at $29,000. Finally, Kathleen S. Wright Associates Inc. bought a new position in shares of SPDR Gold Shares during the first quarter valued at $36,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.8 %

GLD stock opened at $252.76 on Friday. The company has a fifty day moving average price of $239.18 and a 200-day moving average price of $225.85. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $253.94.

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).