LS Investment Advisors LLC Grows Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

LS Investment Advisors LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 0.4% in the 3rd quarter, Holdings Channel reports. The fund owned 31,467 shares of the exchange traded fund’s stock after purchasing an additional 115 shares during the period. LS Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $7,648,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GLD. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at $25,000. Semmax Financial Advisors Inc. grew its stake in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the period. Private Ocean LLC grew its stake in shares of SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares during the period. Chris Bulman Inc purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at $29,000. Finally, EdgeRock Capital LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at $37,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $249.66 on Friday. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $257.71. The firm has a fifty day moving average of $243.51 and a 200-day moving average of $228.24.

About SPDR Gold Shares

(Free Report)

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

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