Bradley Foster & Sargent Inc. CT grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 0.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 297,472 shares of the exchange traded fund’s stock after acquiring an additional 2,201 shares during the quarter. SPDR Gold Shares comprises 1.2% of Bradley Foster & Sargent Inc. CT’s holdings, making the stock its 26th largest holding. Bradley Foster & Sargent Inc. CT owned 0.10% of SPDR Gold Shares worth $63,959,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Toronto Dominion Bank grew its holdings in 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 worth $1,162,217,000 after buying an additional 1,079,452 shares in the last quarter. Scarborough Advisors LLC grew its holdings in SPDR Gold Shares by 10,133.3% during the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after buying an additional 2,636,376 shares in 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 worth $242,732,000 after buying an additional 28,683 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in SPDR Gold Shares by 7.5% during 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 in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after buying an additional 54,974 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
GLD stock opened at $237.34 on Wednesday. The stock’s fifty day simple moving average is $227.88 and its two-hundred day simple moving average is $218.27. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $239.28.
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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