Fractal Investments LLC Acquires Shares of 2,500 SPDR Gold Shares (NYSEARCA:GLD)

Fractal Investments LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,500 shares of the exchange traded fund’s stock, valued at approximately $608,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Romano Brothers AND Company raised its holdings in SPDR Gold Shares by 1.0% in the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares during the period. Delta Financial Group Inc. increased its stake in shares of SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares during the period. Compton Wealth Advisory Group LLC lifted its holdings in SPDR Gold Shares by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after purchasing an additional 44 shares during the last quarter. Ballast Inc. boosted its stake in SPDR Gold Shares by 3.6% in the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 45 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in SPDR Gold Shares by 2.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock valued at $455,000 after buying an additional 45 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.2 %

GLD stock opened at $253.36 on Wednesday. The business’s fifty day moving average price is $243.23 and its two-hundred day moving average price is $228.11. SPDR Gold Shares has a fifty-two week low of $179.11 and a fifty-two week high of $257.71.

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).