SPDR Gold Shares (NYSEARCA:GLD) Holdings Raised by Measured Wealth Private Client Group LLC

Measured Wealth Private Client Group LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 42,561 shares of the exchange traded fund’s stock after purchasing an additional 1,238 shares during the period. SPDR Gold Shares makes up approximately 3.0% of Measured Wealth Private Client Group LLC’s investment portfolio, making the stock its 7th largest position. Measured Wealth Private Client Group LLC’s holdings in SPDR Gold Shares were worth $8,136,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Chevy Chase Trust Holdings LLC lifted its holdings in SPDR Gold Shares by 34.4% during the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 3,143 shares of the exchange traded fund’s stock worth $539,000 after buying an additional 805 shares in the last quarter. Pinnacle Associates Ltd. boosted its holdings in SPDR Gold Shares by 4.5% in the third quarter. Pinnacle Associates Ltd. now owns 11,655 shares of the exchange traded fund’s stock valued at $1,998,000 after purchasing an additional 505 shares during the period. Brown Advisory Inc. grew its stake in SPDR Gold Shares by 2.5% during the 3rd quarter. Brown Advisory Inc. now owns 283,716 shares of the exchange traded fund’s stock worth $48,643,000 after purchasing an additional 6,950 shares in the last quarter. BLB&B Advisors LLC increased its holdings in SPDR Gold Shares by 26.6% during the 3rd quarter. BLB&B Advisors LLC now owns 2,609 shares of the exchange traded fund’s stock worth $447,000 after purchasing an additional 548 shares during the period. Finally, Professional Financial Advisors LLC raised its position in SPDR Gold Shares by 7.1% in the 3rd quarter. Professional Financial Advisors LLC now owns 8,139 shares of the exchange traded fund’s stock valued at $1,395,000 after purchasing an additional 539 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock traded down $0.17 during trading on Friday, hitting $212.96. 8,679,910 shares of the company’s stock were exchanged, compared to its average volume of 11,009,346. The business has a 50-day moving average price of $207.17 and a two-hundred day moving average price of $193.75. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09.

About SPDR Gold Shares

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).