HBW Advisory Services LLC Raises Stock Holdings in SPDR Gold Shares $GLD

HBW Advisory Services LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 33.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,590 shares of the exchange traded fund’s stock after purchasing an additional 1,652 shares during the period. HBW Advisory Services LLC’s holdings in SPDR Gold Shares were worth $2,343,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Laurel Wealth Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 31,232.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after buying an additional 2,913,079 shares during the last quarter. 59 North Capital Management LP increased its holdings in SPDR Gold Shares by 76.4% during the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after buying an additional 547,018 shares during the last quarter. Corient Private Wealth LLC raised its position in SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after acquiring an additional 559,507 shares during the period. Rockefeller Capital Management L.P. boosted its stake in SPDR Gold Shares by 15.4% in the second quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after acquiring an additional 114,028 shares during the last quarter. Finally, State Street Corp grew its position in shares of SPDR Gold Shares by 5.9% during the 2nd quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock valued at $260,356,000 after acquiring an additional 47,264 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.2%

Shares of GLD stock opened at $416.74 on Friday. The firm has a market cap of $150.82 billion, a P/E ratio of -32.43 and a beta of 0.09. The company has a 50 day moving average of $384.10 and a 200-day moving average of $345.13. SPDR Gold Shares has a 12-month low of $239.58 and a 12-month high of $418.45.

SPDR Gold Shares News Summary

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Company 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.

Featured Articles

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

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.