Vigilare Wealth Management increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 20.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,826 shares of the exchange traded fund’s stock after acquiring an additional 6,021 shares during the period. SPDR Gold Shares comprises about 3.5% of Vigilare Wealth Management’s investment portfolio, making the stock its 7th biggest position. Vigilare Wealth Management’s holdings in SPDR Gold Shares were worth $8,708,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in GLD. International Assets Investment Management LLC boosted its stake in shares of SPDR Gold Shares by 21,571.1% in the 3rd 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 in the last quarter. Toronto Dominion Bank grew its stake 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 buying an additional 1,079,452 shares during the last quarter. Arizona PSPRS Trust acquired a new stake in shares of SPDR Gold Shares during the second quarter worth approximately $157,187,000. Cetera Investment Advisers raised its stake in shares of SPDR Gold Shares by 461.0% in the first 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 boosted its holdings in shares of SPDR Gold Shares by 9,654.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after acquiring an additional 544,807 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
NYSEARCA GLD opened at $252.52 on Friday. The stock’s 50 day simple moving average is $242.43 and its 200 day simple moving average is $227.56. SPDR Gold Shares has a one year low of $179.11 and a one year 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).
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