SPDR Gold Shares $GLD Stock Bought by Integrity Alliance LLC.

Integrity Alliance LLC. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 50.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,646 shares of the exchange traded fund’s stock after buying an additional 9,253 shares during the quarter. Integrity Alliance LLC.’s holdings in SPDR Gold Shares were worth $10,529,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. City Holding Co. boosted its position in shares of SPDR Gold Shares by 41.6% in the 2nd quarter. City Holding Co. now owns 22,914 shares of the exchange traded fund’s stock worth $8,441,000 after purchasing an additional 6,733 shares in the last quarter. DDFG Inc boosted its stake in SPDR Gold Shares by 57.5% in the 2nd quarter. DDFG Inc now owns 48,753 shares of the exchange traded fund’s stock worth $17,959,000 after purchasing an additional 17,793 shares in the last quarter. Arcus Capital Partners LLC grew its position in SPDR Gold Shares by 90.3% during the 1st quarter. Arcus Capital Partners LLC now owns 8,442 shares of the exchange traded fund’s stock worth $3,633,000 after purchasing an additional 4,005 shares during the last quarter. Wellington Management Group LLP grew its position in SPDR Gold Shares by 20.8% during the 2nd quarter. Wellington Management Group LLP now owns 80,567 shares of the exchange traded fund’s stock worth $29,679,000 after purchasing an additional 13,877 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its position in SPDR Gold Shares by 1.5% during the 2nd quarter. First Eagle Investment Management LLC now owns 2,491,623 shares of the exchange traded fund’s stock worth $917,864,000 after purchasing an additional 35,882 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.7%

Shares of SPDR Gold Shares stock opened at $359.26 on Wednesday. SPDR Gold Shares has a 12-month low of $354.67 and a 12-month high of $509.70. The firm has a market capitalization of $131.17 billion, a price-to-earnings ratio of -32.43 and a beta of 0.20. The firm’s 50 day simple moving average is $387.99 and its two-hundred day simple moving average is $412.34.

Key Headlines Impacting SPDR Gold Shares

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

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.

Further Reading

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

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