Woodson Capital Management LP Purchases New Position in SPDR Gold Shares (NYSEARCA:GLD)

Woodson Capital Management LP acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, HoldingsChannel reports. The institutional investor acquired 65,000 shares of the exchange traded fund’s stock, valued at approximately $15,799,000. SPDR Gold Shares comprises 3.1% of Woodson Capital Management LP’s portfolio, making the stock its 15th largest position.

A number of other institutional investors also recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its position in shares of SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after acquiring an additional 30,952 shares during the period. Centric Wealth Management raised its stake in SPDR Gold Shares by 1.1% in the 3rd quarter. Centric Wealth Management now owns 10,652 shares of the exchange traded fund’s stock worth $2,617,000 after purchasing an additional 115 shares in the last quarter. CWS Financial Advisors LLC boosted its holdings in SPDR Gold Shares by 20.8% in the 3rd quarter. CWS Financial Advisors LLC now owns 2,320 shares of the exchange traded fund’s stock valued at $564,000 after purchasing an additional 400 shares during the period. Teachers Insurance & Annuity Association of America acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $754,000. Finally, Pin Oak Investment Advisors Inc. boosted its stake in shares of SPDR Gold Shares by 3.3% in the third quarter. Pin Oak Investment Advisors Inc. now owns 5,885 shares of the exchange traded fund’s stock valued at $1,430,000 after buying an additional 188 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

Shares of NYSEARCA GLD opened at $243.49 on Friday. The business has a fifty day moving average price of $246.46 and a two-hundred day moving average price of $231.27. SPDR Gold Shares has a fifty-two week low of $183.15 and a fifty-two week 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).