SPDR Gold Shares (NYSEARCA:GLD) Position Boosted by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,985 shares of the exchange traded fund’s stock after buying an additional 221 shares during the period. SPDR Gold Shares makes up approximately 2.0% of Oliver Luxxe Assets LLC’s portfolio, making the stock its 2nd biggest holding. Oliver Luxxe Assets LLC’s holdings in SPDR Gold Shares were worth $11,420,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GLD. Delta Financial Group Inc. lifted its holdings 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 valued at $849,000 after purchasing an additional 41 shares during the last quarter. Compton Wealth Advisory Group LLC raised its holdings in SPDR Gold Shares by 3.2% in the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 44 shares during the last quarter. Ballast Inc. raised its holdings 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 worth $278,000 after acquiring an additional 45 shares during the last quarter. Sunbelt Securities Inc. raised 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 worth $455,000 after acquiring an additional 45 shares during the last quarter. Finally, Peoples Bank KS raised its holdings in SPDR Gold Shares by 4.6% in the 3rd quarter. Peoples Bank KS now owns 1,023 shares of the exchange traded fund’s stock worth $249,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $245.47 on Monday. SPDR Gold Shares has a twelve month low of $173.24 and a twelve month high of $247.37. The company has a 50 day moving average of $235.20 and a 200 day moving average of $223.75.

SPDR Gold Shares Company 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).