SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Scarborough Advisors LLC

Scarborough Advisors LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,945 shares of the exchange traded fund’s stock after purchasing an additional 231 shares during the period. SPDR Gold Shares makes up about 2.4% of Scarborough Advisors LLC’s holdings, making the stock its 12th biggest position. Scarborough Advisors LLC’s holdings in SPDR Gold Shares were worth $5,793,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of GLD. Toronto Dominion Bank boosted its stake in shares of SPDR Gold Shares by 23.6% in 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 buying an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth $157,187,000. Global Assets Advisory LLC acquired a new position in shares of SPDR Gold Shares during the 1st quarter worth $144,269,000. GLOBALT Investments LLC GA purchased a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $124,066,000. Finally, Cetera Investment Advisers lifted its stake in shares of SPDR Gold Shares by 461.0% in the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after purchasing an additional 577,210 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $236.33 on Friday. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $236.45. The company’s 50-day moving average price is $226.74 and its 200 day moving average price is $216.85.

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).