Client First Capital LLC Acquires 9,355 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Client First Capital LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 16.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,745 shares of the exchange traded fund’s stock after purchasing an additional 9,355 shares during the period. SPDR Gold Shares makes up about 8.8% of Client First Capital LLC’s investment portfolio, making the stock its 5th biggest holding. Client First Capital LLC’s holdings in SPDR Gold Shares were worth $15,980,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Toronto Dominion Bank grew its stake in shares of SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after buying an additional 1,079,452 shares in the last quarter. Envestnet Asset Management Inc. grew its position in SPDR Gold Shares by 2.6% in 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 in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of SPDR Gold Shares by 7.5% during 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 period. Raymond James Financial Services Advisors Inc. lifted its position in shares of SPDR Gold Shares by 6.8% during 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 in the last quarter. Finally, Arizona PSPRS Trust purchased a new position in shares of SPDR Gold Shares in the second quarter valued at $157,187,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.3 %

SPDR Gold Shares stock opened at $245.90 on Wednesday. SPDR Gold Shares has a 12-month low of $177.54 and a 12-month high of $247.37. The firm’s fifty day moving average price is $236.15 and its 200 day moving average price is $224.31.

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).