SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Raised by Richardson Financial Services Inc.

Richardson Financial Services Inc. lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,143 shares of the exchange traded fund’s stock after purchasing an additional 73 shares during the period. Richardson Financial Services Inc.’s holdings in SPDR Gold Shares were worth $521,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Obermeyer Wood Investment Counsel Lllp grew its position in shares of SPDR Gold Shares by 4.4% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock worth $2,504,000 after acquiring an additional 490 shares in the last quarter. Linden Thomas Advisory Services LLC boosted its holdings in SPDR Gold Shares by 5.1% in the second 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 during the period. RDA Financial Network increased its stake in SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 88 shares during the last quarter. Mission Wealth Management LP raised its holdings in shares of SPDR Gold Shares by 10.8% during the first quarter. Mission Wealth Management LP now owns 5,251 shares of the exchange traded fund’s stock worth $1,080,000 after purchasing an additional 512 shares during the period. Finally, CCG Wealth Management LLC bought a new position in shares of SPDR Gold Shares in the 1st quarter worth about $814,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock traded up $0.52 during midday trading on Friday, reaching $253.32. The company had a trading volume of 4,424,475 shares, compared to its average volume of 6,397,792. The stock has a 50 day moving average price of $240.12 and a 200 day moving average price of $226.35. SPDR Gold Shares has a fifty-two week low of $179.11 and a fifty-two week high of $253.94.

About SPDR Gold Shares

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).