SPDR Gold Shares $GLD Shares Bought by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 6.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,155 shares of the exchange traded fund’s stock after purchasing an additional 1,212 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in SPDR Gold Shares were worth $6,809,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. KCM Investment Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 11.1% in the 3rd quarter. KCM Investment Advisors LLC now owns 6,984 shares of the exchange traded fund’s stock valued at $2,483,000 after acquiring an additional 700 shares during the last quarter. Reyes Financial Architecture Inc. increased its stake in shares of SPDR Gold Shares by 650.2% in the third quarter. Reyes Financial Architecture Inc. now owns 44,987 shares of the exchange traded fund’s stock worth $15,992,000 after acquiring an additional 38,990 shares during the period. Advisory Alpha LLC raised its holdings in shares of SPDR Gold Shares by 6.1% during the third quarter. Advisory Alpha LLC now owns 2,728 shares of the exchange traded fund’s stock worth $968,000 after purchasing an additional 156 shares during the last quarter. Corient IA LLC purchased a new position in shares of SPDR Gold Shares during the third quarter worth $355,000. Finally, Alpha Advisors LLC VA lifted its position in SPDR Gold Shares by 4.1% during the third quarter. Alpha Advisors LLC VA now owns 15,671 shares of the exchange traded fund’s stock valued at $5,571,000 after purchasing an additional 610 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

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SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $473.51 on Friday. The firm’s fifty day moving average is $446.99 and its two-hundred day moving average is $393.19. The firm has a market cap of $179.98 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $265.64 and a one year high of $509.70.

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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