SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,520 shares of the exchange traded fund’s stock after purchasing an additional 5,360 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in SPDR Gold Shares were worth $14,584,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Outlook Wealth Advisors LLC lifted its holdings in SPDR Gold Shares by 26.4% in the third quarter. Outlook Wealth Advisors LLC now owns 2,434 shares of the exchange traded fund’s stock valued at $592,000 after acquiring an additional 508 shares during the period. Lyell Wealth Management LP lifted its holdings in SPDR Gold Shares by 1.2% in the third quarter. Lyell Wealth Management LP now owns 36,098 shares of the exchange traded fund’s stock valued at $8,774,000 after acquiring an additional 425 shares during the period. Mayfair Advisory Group LLC lifted its holdings in SPDR Gold Shares by 9.8% in the third quarter. Mayfair Advisory Group LLC now owns 1,890 shares of the exchange traded fund’s stock valued at $463,000 after acquiring an additional 168 shares during the period. Joel Isaacson & Co. LLC lifted its holdings in SPDR Gold Shares by 12.4% in the third quarter. Joel Isaacson & Co. LLC now owns 18,362 shares of the exchange traded fund’s stock valued at $4,463,000 after acquiring an additional 2,025 shares during the period. Finally, Lake Street Advisors Group LLC lifted its holdings in SPDR Gold Shares by 29.3% in the third quarter. Lake Street Advisors Group LLC now owns 5,119 shares of the exchange traded fund’s stock valued at $1,244,000 after acquiring an additional 1,159 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $253.32 on Friday. SPDR Gold Shares has a one year low of $179.11 and a one year high of $253.94. The business has a fifty day moving average of $240.12 and a two-hundred day moving average of $226.35.

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).