Villere ST Denis J & Co. LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 914 shares of the exchange traded fund’s stock, valued at approximately $222,000.
Several other large investors also recently bought and sold shares of the stock. CWA Asset Management Group LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $18,770,000. Leavell Investment Management Inc. boosted its holdings in shares of SPDR Gold Shares by 9.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 2,856 shares of the exchange traded fund’s stock valued at $694,000 after acquiring an additional 237 shares during the last quarter. Source Financial Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 1.0% in the 3rd quarter. Source Financial Advisors LLC now owns 13,278 shares of the exchange traded fund’s stock valued at $3,227,000 after acquiring an additional 133 shares during the last quarter. Beckerman Institutional LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $308,000. Finally, Hollencrest Capital Management boosted its holdings in shares of SPDR Gold Shares by 2.4% in the 3rd quarter. Hollencrest Capital Management now owns 4,215 shares of the exchange traded fund’s stock valued at $1,024,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
Shares of NYSEARCA GLD opened at $247.98 on Friday. The company’s fifty day moving average price is $244.18 and its 200 day moving average price is $228.61. SPDR Gold Shares has a 1 year low of $179.11 and a 1 year high of $257.71.
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).
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