Circle Wealth Management LLC Has $6.42 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Circle Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,393 shares of the exchange traded fund’s stock after acquiring an additional 1,381 shares during the period. Circle Wealth Management LLC’s holdings in SPDR Gold Shares were worth $6,415,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Obermeyer Wood Investment Counsel Lllp lifted its holdings in SPDR Gold Shares by 4.4% during the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock worth $2,504,000 after acquiring an additional 490 shares during the period. Linden Thomas Advisory Services LLC raised its stake in shares of SPDR Gold Shares by 5.1% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock worth $1,063,000 after purchasing an additional 239 shares during the period. RDA Financial Network raised its stake in shares of SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares during the period. Oxler Private Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 48.9% in the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after buying an additional 8,021 shares during the last quarter. Finally, Blue Fin Capital Inc. grew its position in SPDR Gold Shares by 1.1% during the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after buying an additional 388 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 0.9 %

GLD opened at $245.59 on Friday. The company’s 50-day moving average price is $246.53 and its two-hundred day moving average price is $231.47. SPDR Gold Shares has a twelve month low of $183.15 and a twelve month high of $257.71.

SPDR Gold Shares Company Profile

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).