Verus Capital Partners LLC Has $3.39 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Verus Capital Partners LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,944 shares of the exchange traded fund’s stock after selling 1,530 shares during the quarter. Verus Capital Partners LLC’s holdings in SPDR Gold Shares were worth $3,389,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Toronto Dominion Bank raised its position in shares of SPDR Gold Shares by 23.6% in the 1st 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. International Assets Investment Management LLC increased its position in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after acquiring an additional 3,010,682 shares during the period. Envestnet Asset Management Inc. increased its holdings 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 purchasing an additional 28,683 shares during the period. Commonwealth Equity Services LLC boosted its holdings in SPDR Gold Shares by 7.5% in 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 acquiring an additional 70,290 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of SPDR Gold Shares by 6.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after purchasing an additional 54,974 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $242.14 on Tuesday. The business’s 50-day moving average is $244.40 and its 200-day moving average is $228.99. SPDR Gold Shares has a 1 year low of $179.11 and a 1 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).