BBR Partners LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 191.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,749 shares of the exchange traded fund’s stock after buying an additional 5,747 shares during the period. BBR Partners LLC’s holdings in SPDR Gold Shares were worth $1,881,000 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 GLD. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares in the second quarter worth $25,000. Frazier Financial Advisors LLC bought a new position in SPDR Gold Shares during the 4th quarter valued at about $26,000. Northwest Investment Counselors LLC purchased a new position in shares of SPDR Gold Shares during the first quarter valued at approximately $26,000. Gold Investment Management Ltd. bought a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $27,000. Finally, Private Ocean LLC boosted its holdings in SPDR Gold Shares by 155.1% during 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 period. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Stock Up 0.8 %
NYSEARCA:GLD opened at $232.35 on Friday. The company has a 50-day moving average of $225.12 and a 200 day moving average of $215.28. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $234.01.
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).
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