Cerity Partners LLC Increases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Cerity Partners LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 440,649 shares of the exchange traded fund’s stock after buying an additional 41,025 shares during the period. Cerity Partners LLC owned approximately 0.14% of SPDR Gold Shares worth $107,104,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Triad Wealth Partners LLC purchased a new stake in SPDR Gold Shares in the 2nd quarter worth about $25,000. Semmax Financial Advisors Inc. lifted its stake in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares during the last quarter. Private Ocean LLC grew its position in SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the third quarter worth $28,000. Finally, Chris Bulman Inc bought a new stake in shares of SPDR Gold Shares during the second quarter worth $29,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $249.84 on Friday. The company’s 50-day simple moving average is $246.03 and its two-hundred day simple moving average is $230.51. SPDR Gold Shares has a one year low of $183.15 and a one year high of $257.71.

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).