SPDR Gold Shares $GLD Shares Acquired by Money Concepts Capital Corp

Money Concepts Capital Corp boosted its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 57.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,131 shares of the exchange traded fund’s stock after buying an additional 1,870 shares during the quarter. Money Concepts Capital Corp’s holdings in SPDR Gold Shares were worth $1,824,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Mccarter Private Wealth Services LLC boosted its stake in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock valued at $309,000 after buying an additional 27 shares during the last quarter. Norris Perne & French LLP MI boosted its stake in SPDR Gold Shares by 3.3% during the 3rd quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after acquiring an additional 28 shares during the last quarter. Revisor Wealth Management LLC grew its holdings in SPDR Gold Shares by 2.4% during the 3rd quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock worth $452,000 after acquiring an additional 29 shares in the last quarter. Halbert Hargrove Global Advisors LLC increased its position in shares of SPDR Gold Shares by 12.0% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 29 shares during the last quarter. Finally, Phil A. Younker & Associates Ltd. raised its stake in shares of SPDR Gold Shares by 4.0% in the 3rd quarter. Phil A. Younker & Associates Ltd. now owns 781 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 30 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting SPDR Gold Shares

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SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $427.13 on Tuesday. The stock has a market capitalization of $162.78 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $259.52 and a one year high of $509.70. The company’s 50-day simple moving average is $412.97 and its 200-day simple moving average is $367.92.

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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