SPDR Gold Shares (NYSEARCA:GLD) Stake Raised by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 7,415 shares of the exchange traded fund’s stock after purchasing an additional 95 shares during the period. Castle Rock Wealth Management LLC’s holdings in SPDR Gold Shares were worth $1,814,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Toronto Dominion Bank boosted its holdings in shares of SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after purchasing an additional 1,079,452 shares during the period. Scarborough Advisors LLC lifted its position in SPDR Gold Shares by 10,133.3% in the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after buying an additional 2,636,376 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after buying an additional 28,683 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of SPDR Gold Shares by 7.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after buying an additional 70,290 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its holdings 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 acquiring an additional 54,974 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.1 %

Shares of NYSEARCA GLD traded up $2.68 during mid-day trading on Friday, reaching $245.50. The company had a trading volume of 2,062,541 shares, compared to its average volume of 6,999,009. SPDR Gold Shares has a twelve month low of $173.24 and a twelve month high of $247.37. The stock’s 50 day moving average is $234.80 and its 200-day moving average is $223.14.

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).