Milestones Private Investment Advisors LLC Acquires 1,255 Shares of SPDR Gold Shares $GLD

Milestones Private Investment Advisors LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 29.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,573 shares of the exchange traded fund’s stock after purchasing an additional 1,255 shares during the quarter. SPDR Gold Shares comprises about 1.4% of Milestones Private Investment Advisors LLC’s investment portfolio, making the stock its 25th largest position. Milestones Private Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $1,981,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Chapman Financial Group LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $26,000. Traub Capital Management LLC purchased a new position in SPDR Gold Shares in the second quarter worth about $34,000. Kilter Group LLC bought a new stake in SPDR Gold Shares during the second quarter worth approximately $34,000. First Command Advisory Services Inc. bought a new stake in SPDR Gold Shares during the second quarter worth approximately $43,000. Finally, Decker Retirement Planning Inc. raised its position in SPDR Gold Shares by 358.8% during the second quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 122 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $408.76 on Tuesday. The firm has a market capitalization of $153.16 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The business has a 50 day simple moving average of $386.43 and a 200-day simple moving average of $349.35. SPDR Gold Shares has a 1 year low of $242.05 and a 1 year high of $418.45.

SPDR Gold Shares News Roundup

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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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