Intellectus Partners LLC Has $4.63 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Intellectus Partners LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,060 shares of the exchange traded fund’s stock after selling 2,150 shares during the period. SPDR Gold Shares accounts for approximately 1.2% of Intellectus Partners LLC’s portfolio, making the stock its 14th biggest holding. Intellectus Partners LLC’s holdings in SPDR Gold Shares were worth $4,633,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Toronto Dominion Bank boosted its position 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 purchasing an additional 1,079,452 shares during the period. International Assets Investment Management LLC raised its holdings in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares during the period. Envestnet Asset Management Inc. boosted 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 acquiring an additional 28,683 shares during the period. Commonwealth Equity Services LLC grew its position 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 valued at $216,668,000 after purchasing an additional 70,290 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of SPDR Gold Shares by 6.8% in 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 purchasing an additional 54,974 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $237.01 on Friday. The business has a 50 day moving average price of $244.74 and a 200 day moving average price of $229.21. SPDR Gold Shares has a twelve month low of $181.31 and a twelve month high of $257.71.

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).