9,832 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by Dorsey Wright & Associates

Dorsey Wright & Associates acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,832 shares of the exchange traded fund’s stock, valued at approximately $2,390,000.

A number of other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its holdings 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 last quarter. Envestnet Asset Management Inc. grew its position in SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after purchasing an additional 28,683 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in SPDR Gold Shares by 7.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after buying an additional 70,290 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of SPDR Gold Shares by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after buying an additional 54,974 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in shares of SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after buying an additional 100,149 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.0 %

GLD stock opened at $242.95 on Friday. The business has a 50 day moving average of $246.36 and a 200-day moving average of $232.30. SPDR Gold Shares has a 12-month low of $183.15 and a 12-month 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).