SevenBridge Financial Group LLC Raises Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

SevenBridge Financial Group LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,882 shares of the exchange traded fund’s stock after purchasing an additional 136 shares during the quarter. SevenBridge Financial Group LLC’s holdings in SPDR Gold Shares were worth $1,909,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Obermeyer Wood Investment Counsel Lllp lifted its position in SPDR Gold Shares by 4.4% during the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after acquiring an additional 490 shares during the period. Linden Thomas Advisory Services LLC boosted its position in shares of SPDR Gold Shares by 5.1% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock worth $1,063,000 after purchasing an additional 239 shares in the last quarter. RDA Financial Network grew its stake in shares of SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after buying an additional 88 shares during the last quarter. Oxler Private Wealth LLC grew its stake in shares of SPDR Gold Shares by 48.9% in the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after buying an additional 8,021 shares during the last quarter. Finally, Blue Fin Capital Inc. increased its position in SPDR Gold Shares by 1.1% during the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after buying an additional 388 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.3 %

Shares of NYSEARCA:GLD opened at $249.84 on Friday. The stock has a fifty day simple moving average of $246.03 and a two-hundred day simple moving average of $230.62. SPDR Gold Shares has a 12-month low of $183.15 and a 12-month high of $257.71.

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).