swisspartners Advisors Ltd Acquires 1,830 Shares of SPDR Gold Shares (NYSEARCA:GLD)

swisspartners Advisors Ltd raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,580 shares of the exchange traded fund’s stock after acquiring an additional 1,830 shares during the period. SPDR Gold Shares makes up 6.0% of swisspartners Advisors Ltd’s investment portfolio, making the stock its 8th biggest holding. swisspartners Advisors Ltd’s holdings in SPDR Gold Shares were worth $7,676,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its stake in shares of SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after purchasing an additional 3,010,682 shares during the period. Toronto Dominion Bank boosted its position in 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 in the last quarter. Arizona PSPRS Trust acquired a new stake in SPDR Gold Shares in the second quarter valued at $157,187,000. Cetera Investment Advisers grew its stake in SPDR Gold Shares by 461.0% in the 1st quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after acquiring an additional 577,210 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its position in shares of SPDR Gold Shares by 9,654.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after purchasing an additional 544,807 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.4 %

Shares of SPDR Gold Shares stock traded down $1.04 during trading hours on Friday, reaching $252.47. 6,473,012 shares of the company’s stock were exchanged, compared to its average volume of 6,979,509. The company has a fifty day moving average of $242.43 and a 200-day moving average of $227.56. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $257.71.

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).