Bartlett & CO. Wealth Management LLC Increases Stake in SPDR Gold Shares (NYSEARCA:GLD)

Bartlett & CO. Wealth Management LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,990 shares of the exchange traded fund’s stock after acquiring an additional 75 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in SPDR Gold Shares were worth $966,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GLD. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the third quarter worth about $35,000. Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares during the third quarter valued at about $38,000. Sugarloaf Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 71 shares in the last quarter. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth approximately $40,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $254.07 on Friday. The firm has a 50 day moving average of $244.59 and a 200 day moving average of $239.07. SPDR Gold Shares has a 52 week low of $183.78 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).