SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Iron Gate Global Advisors LLC

Iron Gate Global Advisors LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,043 shares of the exchange traded fund’s stock after purchasing an additional 232 shares during the quarter. Iron Gate Global Advisors LLC’s holdings in SPDR Gold Shares were worth $497,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of GLD. International Assets Investment Management LLC lifted its holdings in SPDR Gold Shares by 21,571.1% in the third 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. Arizona PSPRS Trust purchased a new stake in SPDR Gold Shares during the second quarter valued at about $157,187,000. Strategic Financial Concepts LLC grew its stake in SPDR Gold Shares by 9,654.6% during the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after buying an additional 544,807 shares during the period. Granite Bay Wealth Management LLC lifted its position in SPDR Gold Shares by 25,320.8% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock worth $111,854,000 after acquiring an additional 514,519 shares in the last quarter. Finally, Cerity Partners OCIO LLC purchased a new position in SPDR Gold Shares in the 2nd quarter valued at about $78,434,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD opened at $243.44 on Tuesday. SPDR Gold Shares has a fifty-two week low of $183.15 and a fifty-two week high of $257.71. The business has a fifty day simple moving average of $246.53 and a 200-day simple moving average of $231.64.

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).