FSA Wealth Partners Inc. Purchases 1,319 Shares of SPDR Gold Shares $GLD

FSA Wealth Partners Inc. lifted its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 73.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,125 shares of the exchange traded fund’s stock after acquiring an additional 1,319 shares during the period. FSA Wealth Partners Inc.’s holdings in SPDR Gold Shares were worth $1,111,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC lifted its stake in SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares during the period. Bison Wealth LLC increased its stake in shares of SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of SPDR Gold Shares during the 1st quarter valued at $16,014,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in SPDR Gold Shares by 2.1% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,880 shares of the exchange traded fund’s stock worth $573,000 after acquiring an additional 38 shares in the last quarter. Finally, Ascent Group LLC grew its holdings in SPDR Gold Shares by 117.1% in the second quarter. Ascent Group LLC now owns 111,001 shares of the exchange traded fund’s stock worth $33,836,000 after purchasing an additional 59,877 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 10.3%

Shares of NYSEARCA GLD opened at $444.95 on Friday. The firm has a market capitalization of $169.04 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm’s 50-day moving average price is $412.03 and its 200-day moving average price is $366.66. SPDR Gold Shares has a 1-year low of $257.86 and a 1-year high of $509.70.

Key Stories Impacting SPDR Gold Shares

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SPDR Gold Shares Profile

(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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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