Integrated Advisors Network LLC Has $15.31 Million Stock Holdings in SPDR Gold Shares $GLD

Integrated Advisors Network LLC boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 18.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,055 shares of the exchange traded fund’s stock after acquiring an additional 6,731 shares during the period. Integrated Advisors Network LLC’s holdings in SPDR Gold Shares were worth $15,305,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Mccarter Private Wealth Services LLC lifted its position in SPDR Gold Shares by 3.2% in the third quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 27 shares during the period. Norris Perne & French LLP MI increased its holdings in SPDR Gold Shares by 3.3% in the 3rd quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after buying an additional 28 shares during the period. Revisor Wealth Management LLC increased its holdings in SPDR Gold Shares by 2.4% in the 3rd quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 29 shares during the period. Halbert Hargrove Global Advisors LLC raised its stake 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 valued at $96,000 after buying an additional 29 shares in the last quarter. Finally, Patten Group Inc. raised its stake in shares of SPDR Gold Shares by 0.5% in the 3rd quarter. Patten Group Inc. now owns 5,592 shares of the exchange traded fund’s stock valued at $1,988,000 after buying an additional 29 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.9%

Shares of GLD opened at $477.48 on Friday. The stock has a market cap of $181.49 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $261.25 and a 12 month high of $509.70. The company has a 50-day moving average price of $439.15 and a two-hundred day moving average price of $386.21.

SPDR Gold Shares News Roundup

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About SPDR Gold Shares

(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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