Strategic Blueprint LLC Buys 7,938 Shares of SPDR Gold Shares $GLD

Strategic Blueprint LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 36.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,966 shares of the exchange traded fund’s stock after acquiring an additional 7,938 shares during the period. Strategic Blueprint LLC’s holdings in SPDR Gold Shares were worth $10,652,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mccarter Private Wealth Services LLC lifted its stake in shares of SPDR Gold Shares by 3.2% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock valued at $309,000 after purchasing an additional 27 shares during the period. Norris Perne & French LLP MI raised its holdings in SPDR Gold Shares by 3.3% in the third quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock worth $310,000 after purchasing an additional 28 shares in the last quarter. Revisor Wealth Management LLC lifted its position in SPDR Gold Shares by 2.4% during the third quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after buying 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 buying an additional 29 shares during the period. Finally, Brighton Jones LLC boosted its holdings in shares of SPDR Gold Shares by 0.3% during the 3rd quarter. Brighton Jones LLC now owns 11,816 shares of the exchange traded fund’s stock valued at $4,200,000 after buying an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

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

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $413.18 on Wednesday. The company has a 50-day moving average of $387.40 and a 200 day moving average of $350.07. The firm has a market cap of $154.82 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1 year low of $243.81 and a 1 year high of $418.45.

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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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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