Advisor Group Inc. Purchases 13,065 Shares of SPDR Gold Trust (GLD)
Advisor Group Inc. raised its position in shares of SPDR Gold Trust (NYSEARCA:GLD) by 16.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 94,973 shares of the exchange traded fund’s stock after buying an additional 13,065 shares during the quarter. Advisor Group Inc.’s holdings in SPDR Gold Trust were worth $11,547,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. increased its holdings in shares of SPDR Gold Trust by 302.7% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 49,462 shares of the exchange traded fund’s stock valued at $5,838,000 after acquiring an additional 37,179 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp bought a new stake in SPDR Gold Trust in the 2nd quarter worth about $58,494,000. Sequoia Financial Advisors LLC increased its holdings in SPDR Gold Trust by 3.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 31,441 shares of the exchange traded fund’s stock worth $3,711,000 after buying an additional 1,049 shares in the last quarter. ICONIQ Capital LLC increased its holdings in SPDR Gold Trust by 0.3% in the 2nd quarter. ICONIQ Capital LLC now owns 749,997 shares of the exchange traded fund’s stock worth $88,515,000 after buying an additional 1,992 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in SPDR Gold Trust by 3.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 97,406 shares of the exchange traded fund’s stock worth $11,496,000 after buying an additional 3,407 shares in the last quarter.
SPDR Gold Trust (NYSEARCA:GLD) traded up $0.18 during midday trading on Tuesday, reaching $121.31. The company had a trading volume of 6,249,300 shares, compared to its average volume of 7,502,637. SPDR Gold Trust has a 52 week low of $107.00 and a 52 week high of $128.32.
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About SPDR Gold Trust
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).
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