SPDR Gold Shares (NYSEARCA:GLD) is Oliver Luxxe Assets LLC’s 2nd Largest Position

Oliver Luxxe Assets LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,091 shares of the exchange traded fund’s stock after buying an additional 106 shares during the period. SPDR Gold Shares accounts for about 2.0% of Oliver Luxxe Assets LLC’s portfolio, making the stock its 2nd largest position. Oliver Luxxe Assets LLC’s holdings in SPDR Gold Shares were worth $11,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its holdings in shares of 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 in the last quarter. Arizona PSPRS Trust bought a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at about $157,187,000. Strategic Financial Concepts LLC lifted its position in shares of SPDR Gold Shares by 9,654.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after purchasing an additional 544,807 shares during the period. Cerity Partners OCIO LLC purchased a new position in SPDR Gold Shares during the second quarter valued at approximately $78,434,000. Finally, Victory Capital Management Inc. raised its stake in SPDR Gold Shares by 391.3% in the second quarter. Victory Capital Management Inc. now owns 344,154 shares of the exchange traded fund’s stock worth $73,997,000 after buying an additional 274,098 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1 %

SPDR Gold Shares stock traded down $0.36 during mid-day trading on Monday, reaching $243.13. 3,129,330 shares of the company were exchanged, compared to its average volume of 4,719,159. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The business has a fifty day moving average of $244.92 and a 200 day moving average of $236.30.

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).