Sharkey Howes & Javer Purchases Shares of 8,937 SPDR Gold Shares (NYSEARCA:GLD)

Sharkey Howes & Javer purchased a new position in SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,937 shares of the exchange traded fund’s stock, valued at approximately $2,172,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Toronto Dominion Bank increased its stake in 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 worth $1,162,217,000 after buying an additional 1,079,452 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of SPDR Gold Shares by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after purchasing an additional 28,683 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in SPDR Gold Shares by 7.5% during the 2nd 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 holdings in 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 worth $184,474,000 after purchasing an additional 54,974 shares in the last quarter. Finally, Arizona PSPRS Trust bought a new position in SPDR Gold Shares in the 2nd quarter worth approximately $157,187,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.1 %

Shares of SPDR Gold Shares stock traded up $0.14 on Monday, hitting $251.41. 4,521,628 shares of the company traded hands, compared to its average volume of 6,970,732. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week high of $253.14. The business has a 50-day simple moving average of $237.71 and a 200 day simple moving average of $225.12.

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).