Smart Portfolios LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 124.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 85,563 shares of the exchange traded fund’s stock after purchasing an additional 47,407 shares during the period. SPDR Gold Shares comprises approximately 6.0% of Smart Portfolios LLC’s holdings, making the stock its 2nd largest holding. Smart Portfolios LLC’s holdings in SPDR Gold Shares were worth $9,648,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Global Retirement Partners LLC increased its stake in shares of SPDR Gold Shares by 15.1% during the third quarter. Global Retirement Partners LLC now owns 4,123 shares of the exchange traded fund’s stock valued at $465,000 after buying an additional 541 shares during the period. Hudock Capital Group LLC boosted its position in SPDR Gold Shares by 48.3% during the third quarter. Hudock Capital Group LLC now owns 2,640 shares of the exchange traded fund’s stock valued at $297,000 after purchasing an additional 860 shares in the last quarter. Bainco International Investors boosted its position in SPDR Gold Shares by 1.0% during the third quarter. Bainco International Investors now owns 110,106 shares of the exchange traded fund’s stock valued at $12,416,000 after purchasing an additional 1,091 shares in the last quarter. DORCHESTER WEALTH MANAGEMENT Co boosted its position in SPDR Gold Shares by 40.8% during the third quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 3,105 shares of the exchange traded fund’s stock valued at $350,000 after purchasing an additional 900 shares in the last quarter. Finally, First Hawaiian Bank boosted its position in SPDR Gold Shares by 35.9% during the third quarter. First Hawaiian Bank now owns 2,520 shares of the exchange traded fund’s stock valued at $284,000 after purchasing an additional 666 shares in the last quarter.

GLD stock traded down $0.05 during trading on Wednesday, reaching $115.75. 995,246 shares of the company traded hands, compared to its average volume of 7,140,910. SPDR Gold Shares has a 12 month low of $111.06 and a 12 month high of $129.51.

About SPDR Gold Shares

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

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