SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Beaird Harris Wealth Management LLC

Beaird Harris Wealth Management LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 25.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,051 shares of the exchange traded fund’s stock after purchasing an additional 416 shares during the quarter. Beaird Harris Wealth Management LLC’s holdings in SPDR Gold Shares were worth $499,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in GLD. International Assets Investment Management LLC boosted its holdings in shares of SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Gold Shares by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after purchasing an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of SPDR Gold Shares by 7.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after purchasing an additional 70,290 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of SPDR Gold Shares by 6.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after purchasing an additional 54,974 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after purchasing an additional 100,149 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $247.32 on Friday. SPDR Gold Shares has a one year low of $183.38 and a one year high of $257.71. The company has a 50-day simple moving average of $246.61 and a 200-day simple moving average of $233.05.

SPDR Gold Shares Profile

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).