Adviser Investments LLC Purchases 463 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Adviser Investments LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLDGet Rating) by 9.7% in the second quarter, HoldingsChannel.com reports. The firm owned 5,238 shares of the exchange traded fund’s stock after acquiring an additional 463 shares during the period. Adviser Investments LLC’s holdings in SPDR Gold Shares were worth $882,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Windsor Capital Management LLC raised its holdings in SPDR Gold Shares by 13.6% in the second quarter. Windsor Capital Management LLC now owns 2,284 shares of the exchange traded fund’s stock worth $384,000 after purchasing an additional 274 shares in the last quarter. Burns J W & Co. Inc. NY raised its holdings in SPDR Gold Shares by 2.5% in the second quarter. Burns J W & Co. Inc. NY now owns 3,078 shares of the exchange traded fund’s stock worth $519,000 after purchasing an additional 75 shares in the last quarter. Zhang Financial LLC raised its holdings in SPDR Gold Shares by 53.6% in the second quarter. Zhang Financial LLC now owns 3,057 shares of the exchange traded fund’s stock worth $515,000 after purchasing an additional 1,067 shares in the last quarter. Ford Financial Group LLC acquired a new position in shares of SPDR Gold Shares during the second quarter valued at about $558,000. Finally, RB Capital Management LLC acquired a new position in shares of SPDR Gold Shares during the second quarter valued at about $229,000. 40.89% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

GLD opened at $155.70 on Friday. SPDR Gold Shares has a 52-week low of $154.01 and a 52-week high of $193.30. The firm’s 50-day moving average price is $161.36 and its 200-day moving average price is $170.22.

About SPDR Gold Shares

(Get Rating)

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).

See Also

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLDGet Rating).

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

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