Perigon Wealth Management LLC Boosts Stake in SPDR Gold Shares $GLD

Perigon Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 29.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 74,074 shares of the exchange traded fund’s stock after acquiring an additional 16,814 shares during the quarter. Perigon Wealth Management LLC’s holdings in SPDR Gold Shares were worth $26,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Revisor Wealth Management LLC lifted its stake in SPDR Gold Shares by 2.4% during the 3rd quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after acquiring an additional 29 shares during the period. Halbert Hargrove Global Advisors LLC lifted its position in SPDR Gold Shares by 12.0% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 29 shares during the period. Brighton Jones LLC boosted its holdings in SPDR Gold Shares by 0.3% in the third quarter. Brighton Jones LLC now owns 11,816 shares of the exchange traded fund’s stock worth $4,200,000 after purchasing an additional 31 shares during the last quarter. TPG Advisors LLC boosted its holdings in SPDR Gold Shares by 2.6% in the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 33 shares during the last quarter. Finally, Tsfg LLC grew its position in SPDR Gold Shares by 0.9% in the 2nd quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock worth $1,104,000 after purchasing an additional 33 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 GLD opened at $416.74 on Friday. The firm has a market cap of $150.82 billion, a PE 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. The firm has a fifty day simple moving average of $384.10 and a two-hundred day simple moving average of $345.40.

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.

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

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