Patron Partners LLC Purchases 56 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Patron Partners LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,358 shares of the exchange traded fund’s stock after buying an additional 56 shares during the quarter. Patron Partners LLC’s holdings in SPDR Gold Shares were worth $573,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Cozad Asset Management Inc. raised its holdings in SPDR Gold Shares by 5.5% in the 1st quarter. Cozad Asset Management Inc. now owns 3,749 shares of the exchange traded fund’s stock worth $771,000 after purchasing an additional 195 shares in the last quarter. Koshinski Asset Management Inc. boosted its position in SPDR Gold Shares by 54.5% during the 1st quarter. Koshinski Asset Management Inc. now owns 22,261 shares of the exchange traded fund’s stock valued at $4,580,000 after acquiring an additional 7,857 shares in the last quarter. Angeles Wealth Management LLC boosted its position in SPDR Gold Shares by 27.3% during the 1st quarter. Angeles Wealth Management LLC now owns 1,770 shares of the exchange traded fund’s stock valued at $364,000 after acquiring an additional 380 shares in the last quarter. Tradewinds LLC. purchased a new position in shares of SPDR Gold Shares during the 1st quarter worth approximately $368,000. Finally, Fortis Capital Advisors LLC raised its position in shares of SPDR Gold Shares by 29.2% in the 1st quarter. Fortis Capital Advisors LLC now owns 3,434 shares of the exchange traded fund’s stock worth $706,000 after acquiring an additional 776 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $242.14 on Tuesday. The stock’s 50 day moving average is $244.18 and its 200 day moving average is $228.80. SPDR Gold Shares has a twelve month low of $179.11 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).