SPDR Gold Shares (NYSEARCA:GLD) Stake Increased by Financial Counselors Inc.

Financial Counselors Inc. increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,155 shares of the exchange traded fund’s stock after buying an additional 350 shares during the quarter. Financial Counselors Inc.’s holdings in SPDR Gold Shares were worth $4,413,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Fiduciary Trust Co lifted its position in SPDR Gold Shares by 4.1% in the 3rd quarter. Fiduciary Trust Co now owns 38,117 shares of the exchange traded fund’s stock worth $9,265,000 after buying an additional 1,497 shares in the last quarter. National Wealth Management Group LLC increased its stake in shares of SPDR Gold Shares by 148.1% in the third quarter. National Wealth Management Group LLC now owns 5,451 shares of the exchange traded fund’s stock worth $1,325,000 after acquiring an additional 3,254 shares during the last quarter. Corsair Capital Management L.P. raised its holdings in shares of SPDR Gold Shares by 1,593.5% during the third quarter. Corsair Capital Management L.P. now owns 3,641 shares of the exchange traded fund’s stock worth $885,000 after acquiring an additional 3,426 shares in the last quarter. CreativeOne Wealth LLC boosted its position in SPDR Gold Shares by 23.8% during the third quarter. CreativeOne Wealth LLC now owns 26,202 shares of the exchange traded fund’s stock valued at $6,369,000 after purchasing an additional 5,040 shares during the last quarter. Finally, Glenmede Trust Co. NA grew its stake in SPDR Gold Shares by 1.6% in the third quarter. Glenmede Trust Co. NA now owns 197,830 shares of the exchange traded fund’s stock valued at $48,085,000 after purchasing an additional 3,138 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.2 %

GLD opened at $243.49 on Friday. SPDR Gold Shares has a fifty-two week low of $183.15 and a fifty-two week high of $257.71. The business has a 50-day moving average of $246.46 and a 200-day moving average of $231.27.

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).