SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 247,112 shares of the exchange traded fund’s stock after purchasing an additional 14,214 shares during the quarter. SPDR Gold Shares comprises 5.6% of Proficio Capital Partners LLC’s holdings, making the stock its 3rd biggest position. Proficio Capital Partners LLC owned approximately 0.09% of SPDR Gold Shares worth $50,885,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. KG&L Capital Management LLC lifted its stake in SPDR Gold Shares by 2.2% in the 1st quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock valued at $454,000 after acquiring an additional 48 shares in the last quarter. American National Bank lifted its stake in SPDR Gold Shares by 50.0% in the 1st quarter. American National Bank now owns 150 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 50 shares in the last quarter. Camden National Bank raised its stake in shares of SPDR Gold Shares by 1.4% during the 1st quarter. Camden National Bank now owns 3,739 shares of the exchange traded fund’s stock worth $769,000 after purchasing an additional 50 shares in the last quarter. Hengehold Capital Management LLC raised its stake in shares of SPDR Gold Shares by 3.9% during the 1st quarter. Hengehold Capital Management LLC now owns 1,340 shares of the exchange traded fund’s stock worth $276,000 after purchasing an additional 50 shares in the last quarter. Finally, Wealth Management Partners LLC raised its stake in shares of SPDR Gold Shares by 3.1% during the 1st quarter. Wealth Management Partners LLC now owns 1,720 shares of the exchange traded fund’s stock worth $354,000 after purchasing an additional 51 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.2 %

Shares of SPDR Gold Shares stock traded up $0.37 on Tuesday, reaching $218.56. 3,735,322 shares of the company were exchanged, compared to its average volume of 7,232,126. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.66. The company has a 50-day moving average of $216.58 and a 200 day moving average of $204.37.

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).