SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Ndwm LLC

Ndwm LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.1% during the third quarter, HoldingsChannel reports. The firm owned 3,546 shares of the exchange traded fund’s stock after purchasing an additional 689 shares during the quarter. SPDR Gold Shares makes up about 0.7% of Ndwm LLC’s investment portfolio, making the stock its 17th largest position. Ndwm LLC’s holdings in SPDR Gold Shares were worth $862,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. Tempus Wealth Planning LLC increased its stake in SPDR Gold Shares by 2.8% during the 3rd quarter. Tempus Wealth Planning LLC now owns 2,207 shares of the exchange traded fund’s stock valued at $536,000 after purchasing an additional 61 shares in the last quarter. Accordant Advisory Group Inc purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $45,000. Symphony Financial Ltd. Co. boosted its holdings in shares of SPDR Gold Shares by 6.6% in the 3rd quarter. Symphony Financial Ltd. Co. now owns 29,711 shares of the exchange traded fund’s stock valued at $7,280,000 after acquiring an additional 1,845 shares during the last quarter. Waldron Private Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 10.2% in the 3rd quarter. Waldron Private Wealth LLC now owns 2,580 shares of the exchange traded fund’s stock valued at $627,000 after acquiring an additional 238 shares during the last quarter. Finally, Leo Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 13.3% in the 3rd quarter. Leo Wealth LLC now owns 8,405 shares of the exchange traded fund’s stock valued at $2,043,000 after acquiring an additional 985 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.1 %

GLD stock opened at $253.89 on Wednesday. The firm’s fifty day simple moving average is $238.69 and its 200-day simple moving average is $225.67. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $253.94.

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).