Chicago Partners Investment Group LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 9.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,602 shares of the exchange traded fund’s stock after acquiring an additional 234 shares during the period. Chicago Partners Investment Group LLC’s holdings in SPDR Gold Shares were worth $653,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of GLD. Romano Brothers AND Company grew its stake in shares of SPDR Gold Shares by 1.0% in the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after buying an additional 40 shares in the last quarter. Delta Financial Group Inc. grew its stake in shares of SPDR Gold Shares by 1.2% in the 3rd 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 in the last quarter. Compton Wealth Advisory Group LLC grew its stake in shares of SPDR Gold Shares by 3.2% in the 3rd 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 in the last quarter. Ballast Inc. grew its stake in shares of SPDR Gold Shares by 3.6% in the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after buying an additional 45 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its stake in shares of SPDR Gold Shares by 2.2% in the 2nd 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 in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.
SPDR Gold Shares Price Performance
Shares of NYSEARCA:GLD opened at $252.83 on Tuesday. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week high of $257.71. The firm has a fifty day simple moving average of $242.83 and a two-hundred day simple moving average of $227.89.
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).
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