SPDR Gold Shares (NYSEARCA:GLD) is Graybill Wealth Management LTD.’s 3rd Largest Position

Graybill Wealth Management LTD. grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,094 shares of the exchange traded fund’s stock after purchasing an additional 331 shares during the quarter. SPDR Gold Shares makes up approximately 3.5% of Graybill Wealth Management LTD.’s portfolio, making the stock its 3rd largest holding. Graybill Wealth Management LTD.’s holdings in SPDR Gold Shares were worth $9,502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Triad Wealth Partners LLC purchased a new position in SPDR Gold Shares during the second quarter worth approximately $25,000. Semmax Financial Advisors Inc. increased its position in shares of 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 worth $25,000 after acquiring an additional 48 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of SPDR Gold Shares during the 1st quarter valued at $26,000. Private Ocean LLC raised 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 purchasing an additional 76 shares during the period. Finally, Security National Bank acquired a new position in shares of SPDR Gold Shares during the first quarter worth about $28,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD traded up $1.83 during mid-day trading on Tuesday, hitting $253.05. 1,643,828 shares of the company traded hands, compared to its average volume of 6,967,835. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $253.30. The firm’s 50 day simple moving average is $238.17 and its 200 day simple moving average is $225.40.

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).