BCM Advisors LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,740 shares of the exchange traded fund’s stock after buying an additional 3,646 shares during the quarter. SPDR Gold Shares makes up about 14.3% of BCM Advisors LLC’s holdings, making the stock its 2nd biggest holding. BCM Advisors LLC owned 0.08% of SPDR Gold Shares worth $61,878,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the business. Toronto Dominion Bank increased its holdings in shares of SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after acquiring an additional 1,079,452 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of SPDR Gold Shares by 21,571.1% during the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in SPDR Gold Shares by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after purchasing an additional 28,683 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of SPDR Gold Shares by 7.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after buying an additional 70,290 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of SPDR Gold Shares by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after buying an additional 54,974 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Stock Down 1.0 %
Shares of NYSEARCA:GLD opened at $237.64 on Thursday. SPDR Gold Shares has a 1-year low of $181.31 and a 1-year high of $257.71. The firm’s 50 day simple moving average is $244.59 and its two-hundred day simple moving average is $229.15.
SPDR Gold Shares 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).
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