SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 39.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,928 shares of the exchange traded fund’s stock after buying an additional 1,398 shares during the period. Quantinno Capital Management LP’s holdings in SPDR Gold Shares were worth $1,198,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in GLD. Price T Rowe Associates Inc. MD bought a new stake in shares of SPDR Gold Shares during the first quarter worth approximately $309,000. ORG Partners LLC acquired a new position in shares of SPDR Gold Shares in the second quarter valued at about $42,000. Valley National Advisers Inc. grew its stake in shares of SPDR Gold Shares by 21.3% in the second quarter. Valley National Advisers Inc. now owns 650 shares of the exchange traded fund’s stock valued at $139,000 after acquiring an additional 114 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares during the second quarter worth about $25,000. Finally, Miracle Mile Advisors LLC boosted its stake in shares of SPDR Gold Shares by 2.3% in the 2nd quarter. Miracle Mile Advisors LLC now owns 4,800 shares of the exchange traded fund’s stock valued at $1,032,000 after purchasing an additional 110 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 1.5 %

NYSEARCA:GLD opened at $247.32 on Friday. The firm’s 50 day simple moving average is $246.57 and its 200 day simple moving average is $232.95. SPDR Gold Shares has a one year low of $183.38 and a one year 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).