Raymond James Trust N.A. Boosts Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Raymond James Trust N.A. increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLDGet Rating) by 1.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,960 shares of the exchange traded fund’s stock after buying an additional 205 shares during the period. Raymond James Trust N.A.’s holdings in SPDR Gold Shares were worth $2,352,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Hanson & Doremus Investment Management increased its holdings in SPDR Gold Shares by 0.6% in the 1st quarter. Hanson & Doremus Investment Management now owns 10,351 shares of the exchange traded fund’s stock worth $1,870,000 after acquiring an additional 57 shares in the last quarter. Schneider Downs Wealth Management Advisors LP increased its holdings in SPDR Gold Shares by 0.9% in the 1st quarter. Schneider Downs Wealth Management Advisors LP now owns 6,260 shares of the exchange traded fund’s stock worth $1,131,000 after acquiring an additional 58 shares in the last quarter. Meridian Wealth Partners LLC increased its holdings in SPDR Gold Shares by 3.3% in the 1st quarter. Meridian Wealth Partners LLC now owns 1,904 shares of the exchange traded fund’s stock worth $344,000 after acquiring an additional 60 shares in the last quarter. Courage Miller Partners LLC increased its holdings in SPDR Gold Shares by 3.7% in the 1st quarter. Courage Miller Partners LLC now owns 1,775 shares of the exchange traded fund’s stock worth $321,000 after acquiring an additional 63 shares in the last quarter. Finally, Spinnaker Trust increased its holdings in SPDR Gold Shares by 1.7% in the 1st quarter. Spinnaker Trust now owns 3,794 shares of the exchange traded fund’s stock worth $685,000 after acquiring an additional 64 shares in the last quarter. Hedge funds and other institutional investors own 40.89% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $155.70 on Friday. The firm has a 50 day moving average of $161.36 and a 200 day moving average of $170.22. SPDR Gold Shares has a 12-month low of $154.01 and a 12-month high of $193.30.

SPDR Gold Shares Profile

(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

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

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.