SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,440 shares of the exchange traded fund’s stock after purchasing an additional 175 shares during the period. Strengthening Families & Communities LLC’s holdings in SPDR Gold Shares were worth $350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Ameritas Investment Partners Inc. increased its holdings in shares of SPDR Gold Shares by 19.5% during the 1st quarter. Ameritas Investment Partners Inc. now owns 890 shares of the exchange traded fund’s stock valued at $183,000 after purchasing an additional 145 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in SPDR Gold Shares by 15.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 3,905 shares of the exchange traded fund’s stock valued at $803,000 after buying an additional 513 shares in the last quarter. Lake Street Advisors Group LLC raised its position in shares of SPDR Gold Shares by 44.4% in the first quarter. Lake Street Advisors Group LLC now owns 3,960 shares of the exchange traded fund’s stock worth $815,000 after acquiring an additional 1,217 shares during the period. Evermay Wealth Management LLC boosted its stake in shares of SPDR Gold Shares by 67.7% during the 1st quarter. Evermay Wealth Management LLC now owns 659 shares of the exchange traded fund’s stock worth $136,000 after acquiring an additional 266 shares in the last quarter. Finally, Elgethun Capital Management acquired a new stake in shares of SPDR Gold Shares during the 1st quarter valued at about $732,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $241.09 on Tuesday. The business has a 50-day moving average price of $245.14 and a 200 day moving average price of $229.84. SPDR Gold Shares has a twelve month low of $182.23 and a twelve month high of $257.71.

About SPDR Gold Shares

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).