Vanguard Capital Wealth Advisors Has $1.02 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Vanguard Capital Wealth Advisors grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 42.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,174 shares of the exchange traded fund’s stock after purchasing an additional 1,241 shares during the period. SPDR Gold Shares comprises approximately 1.1% of Vanguard Capital Wealth Advisors’ investment portfolio, making the stock its 20th biggest holding. Vanguard Capital Wealth Advisors’ holdings in SPDR Gold Shares were worth $1,015,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Romano Brothers AND Company raised its holdings in shares of SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 40 shares during the last quarter. Delta Financial Group Inc. increased its holdings in SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 41 shares during the last quarter. Compton Wealth Advisory Group LLC increased its holdings in SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after buying an additional 44 shares during the last quarter. Ballast Inc. increased its holdings in SPDR Gold Shares by 3.6% during the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after buying an additional 45 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in SPDR Gold Shares by 2.2% during the second quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock worth $455,000 after buying an additional 45 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $256.09 on Wednesday. SPDR Gold Shares has a 1-year low of $179.11 and a 1-year high of $256.29. The company’s fifty day simple moving average is $241.03 and its 200 day simple moving average is $226.94.

About SPDR Gold Shares

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).