SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,680 shares of the exchange traded fund’s stock after buying an additional 649 shares during the quarter. Transcend Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $4,527,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. UMB Bank n.a. grew its holdings in shares of SPDR Gold Shares by 23.6% during the third quarter. UMB Bank n.a. now owns 3,211 shares of the exchange traded fund’s stock worth $551,000 after purchasing an additional 613 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its holdings in shares of SPDR Gold Shares by 6.0% during the third quarter. Walkner Condon Financial Advisors LLC now owns 9,781 shares of the exchange traded fund’s stock worth $1,677,000 after purchasing an additional 553 shares during the last quarter. Accel Wealth Management grew its holdings in shares of SPDR Gold Shares by 3.6% during the third quarter. Accel Wealth Management now owns 16,783 shares of the exchange traded fund’s stock worth $2,877,000 after purchasing an additional 584 shares during the last quarter. KG&L Capital Management LLC grew its holdings in shares of SPDR Gold Shares by 19.8% during the third quarter. KG&L Capital Management LLC now owns 2,280 shares of the exchange traded fund’s stock worth $391,000 after purchasing an additional 377 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC grew its holdings in shares of SPDR Gold Shares by 7.9% during the third quarter. Linden Thomas Advisory Services LLC now owns 4,262 shares of the exchange traded fund’s stock worth $731,000 after purchasing an additional 313 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock traded up $0.70 during mid-day trading on Friday, hitting $216.62. 6,268,504 shares of the stock were exchanged, compared to its average volume of 11,521,039. The stock’s fifty day simple moving average is $204.56 and its two-hundred day simple moving average is $192.42. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09.

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).

Further Reading

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

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