Measured Wealth Private Client Group LLC Purchases 2,629 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Measured Wealth Private Client Group LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 6.2% during the first quarter, HoldingsChannel.com reports. The fund owned 45,190 shares of the exchange traded fund’s stock after acquiring an additional 2,629 shares during the period. SPDR Gold Shares makes up 3.2% of Measured Wealth Private Client Group LLC’s portfolio, making the stock its 7th largest position. Measured Wealth Private Client Group LLC’s holdings in SPDR Gold Shares were worth $9,296,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Scarborough Advisors LLC boosted its stake in SPDR Gold Shares by 10,133.3% during the fourth 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 during the last quarter. International Assets Investment Management LLC boosted its stake in SPDR Gold Shares by 19,989.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after buying an additional 2,424,904 shares during the last quarter. Global Assets Advisory LLC acquired a new position in SPDR Gold Shares during the first quarter worth $144,269,000. GLOBALT Investments LLC GA acquired a new position in SPDR Gold Shares during the fourth quarter worth $124,066,000. Finally, Euclidean Capital LLC boosted its stake in SPDR Gold Shares by 91.4% during the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after buying an additional 507,500 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

NYSEARCA GLD traded down $0.02 on Tuesday, reaching $215.55. 4,920,801 shares of the company were exchanged, compared to its average volume of 7,297,301. The business’s fifty day moving average price is $216.20 and its 200 day moving average price is $203.12. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.66.

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).