Bridgewater Advisors Inc. Raises Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Bridgewater Advisors Inc. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,022 shares of the exchange traded fund’s stock after buying an additional 114 shares during the period. Bridgewater Advisors Inc.’s holdings in SPDR Gold Shares were worth $3,079,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Toronto Dominion Bank raised its stake in SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after buying an additional 1,079,452 shares during the last quarter. International Assets Investment Management LLC increased its position in SPDR Gold Shares by 21,571.1% during the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after acquiring an additional 3,010,682 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR Gold Shares by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after acquiring an additional 28,683 shares during the period. Commonwealth Equity Services LLC boosted its position in SPDR Gold Shares by 7.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after purchasing an additional 70,290 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of SPDR Gold Shares by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after purchasing an additional 54,974 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 3.0 %

Shares of GLD stock opened at $245.72 on Thursday. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $257.71. The company has a 50 day simple moving average of $243.51 and a two-hundred day simple moving average of $228.24.

SPDR Gold Shares Profile

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).