Mezzasalma Advisors LLC Has $2.07 Million Holdings in SPDR Gold Shares $GLD

Mezzasalma Advisors LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 97.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,810 shares of the exchange traded fund’s stock after purchasing an additional 2,871 shares during the period. Mezzasalma Advisors LLC’s holdings in SPDR Gold Shares were worth $2,065,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC increased its holdings in shares of 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 valued at $890,837,000 after acquiring an additional 2,913,079 shares during the last quarter. 59 North Capital Management LP boosted its position in 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 worth $363,977,000 after purchasing an additional 547,018 shares during the period. Corient Private Wealth LLC boosted its position in SPDR Gold Shares by 108.1% during the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after purchasing an additional 559,507 shares during the period. Rockefeller Capital Management L.P. grew its holdings in SPDR Gold Shares by 15.4% during the second quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after purchasing an additional 114,028 shares during the last quarter. Finally, State Street Corp raised its position in shares of SPDR Gold Shares by 5.9% in the second quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock valued at $260,356,000 after purchasing an additional 47,264 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares News Roundup

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

SPDR Gold Shares Trading Up 1.2%

Shares of SPDR Gold Shares stock opened at $416.74 on Friday. The firm has a fifty day simple moving average of $384.10 and a 200-day simple moving average of $345.40. The stock has a market capitalization of $150.82 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1-year low of $239.58 and a 1-year high of $418.45.

SPDR Gold Shares Profile

(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.

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

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