SPDR Gold Shares $GLD Shares Acquired by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 9.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,799 shares of the exchange traded fund’s stock after purchasing an additional 1,405 shares during the period. SPDR Gold Shares comprises approximately 0.7% of SeaCrest Wealth Management LLC’s holdings, making the stock its 24th biggest holding. SeaCrest Wealth Management LLC’s holdings in SPDR Gold Shares were worth $6,254,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Rehmann Capital Advisory Group raised its holdings in shares of SPDR Gold Shares by 4.8% in the third quarter. Rehmann Capital Advisory Group now owns 25,325 shares of the exchange traded fund’s stock worth $9,000,000 after acquiring an additional 1,166 shares during the last quarter. Eaton Cambridge Inc. purchased a new stake in SPDR Gold Shares during the 3rd quarter worth about $261,000. Sweeney & Michel LLC increased its position in SPDR Gold Shares by 1.1% during the 3rd quarter. Sweeney & Michel LLC now owns 3,681 shares of the exchange traded fund’s stock worth $1,359,000 after purchasing an additional 40 shares in the last quarter. Certuity LLC raised its stake in SPDR Gold Shares by 90.6% in the 3rd quarter. Certuity LLC now owns 9,876 shares of the exchange traded fund’s stock valued at $3,511,000 after purchasing an additional 4,694 shares during the last quarter. Finally, Tocqueville Asset Management L.P. raised its stake in SPDR Gold Shares by 3.4% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 69,043 shares of the exchange traded fund’s stock valued at $24,543,000 after purchasing an additional 2,293 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

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SPDR Gold Shares Price Performance

NYSEARCA:GLD traded up $2.21 on Friday, reaching $469.09. The stock had a trading volume of 1,300,247 shares, compared to its average volume of 19,274,650. SPDR Gold Shares has a 12-month low of $272.58 and a 12-month high of $509.70. The company has a market cap of $178.30 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s fifty day moving average is $453.05 and its two-hundred day moving average is $397.79.

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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