Lyell Wealth Management LP Grows Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Lyell Wealth Management LP grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,098 shares of the exchange traded fund’s stock after buying an additional 425 shares during the period. Lyell Wealth Management LP’s holdings in SPDR Gold Shares were worth $8,774,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Toronto Dominion Bank increased its position in SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after acquiring an additional 1,079,452 shares during the last quarter. International Assets Investment Management LLC grew its holdings in SPDR Gold Shares by 21,571.1% during the 3rd 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 purchasing an additional 3,010,682 shares during the last quarter. Envestnet Asset Management Inc. raised its position in SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after purchasing an additional 28,683 shares during the period. Commonwealth Equity Services LLC lifted its stake in SPDR Gold Shares by 7.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after purchasing an additional 70,290 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after buying an additional 54,974 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.2 %

GLD stock opened at $253.32 on Friday. SPDR Gold Shares has a twelve month low of $179.11 and a twelve month high of $253.94. The business’s fifty day simple moving average is $239.70 and its two-hundred day simple moving average is $226.04.

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).