1,777 Shares in SPDR Gold Shares $GLD Bought by Oldfather Financial Services LLC

Oldfather Financial Services LLC purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) in the 3rd quarter, HoldingsChannel reports. The firm purchased 1,777 shares of the exchange traded fund’s stock, valued at approximately $632,000.

Other large investors have also recently modified their holdings of the company. Laurel Wealth Advisors LLC grew its position in SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after acquiring an additional 2,913,079 shares during the last quarter. Corient Private Wealth LLC lifted its position in SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after purchasing an additional 559,507 shares during the last quarter. 59 North Capital Management LP boosted its stake in shares of SPDR Gold Shares by 76.4% during the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after purchasing an additional 547,018 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in shares of SPDR Gold Shares during the second quarter valued at approximately $120,429,000. Finally, TD Asset Management Inc grew its holdings in shares of SPDR Gold Shares by 108.4% in the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after purchasing an additional 356,401 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.2%

Shares of NYSEARCA GLD opened at $416.74 on Friday. The firm’s fifty day moving average is $384.10 and its 200 day moving average is $345.13. SPDR Gold Shares has a 52 week low of $239.58 and a 52 week high of $418.45. The company has a market cap of $150.82 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares News Roundup

Here are the key news stories impacting SPDR Gold Shares this week:

About SPDR Gold Shares

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

See Also

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLDFree Report).

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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