Concord Wealth Partners increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 27.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 687 shares of the exchange traded fund’s stock after purchasing an additional 150 shares during the period. Concord Wealth Partners’ holdings in SPDR Gold Shares were worth $167,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the business. Obermeyer Wood Investment Counsel Lllp grew its position in shares of SPDR Gold Shares by 4.4% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after buying an additional 490 shares during the last quarter. Linden Thomas Advisory Services LLC grew its holdings in shares of SPDR Gold Shares by 5.1% during the second quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock worth $1,063,000 after purchasing an additional 239 shares during the last quarter. RDA Financial Network grew its holdings in shares of SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares during the last quarter. Mission Wealth Management LP increased its position in shares of SPDR Gold Shares by 10.8% during the first quarter. Mission Wealth Management LP now owns 5,251 shares of the exchange traded fund’s stock worth $1,080,000 after purchasing an additional 512 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of SPDR Gold Shares by 32.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 51,784 shares of the exchange traded fund’s stock valued at $10,653,000 after purchasing an additional 12,714 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
NYSEARCA:GLD opened at $253.31 on Tuesday. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $253.94. The stock’s 50 day moving average price is $240.56 and its 200 day moving average price is $226.66.
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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