Cowa LLC Purchases 3,804 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Cowa LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 23.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,907 shares of the exchange traded fund’s stock after buying an additional 3,804 shares during the period. SPDR Gold Shares comprises 2.3% of Cowa LLC’s holdings, making the stock its 13th largest position. Cowa LLC’s holdings in SPDR Gold Shares were worth $4,839,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in shares of 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 in the last quarter. Toronto Dominion Bank lifted its stake in 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 acquired a new position in shares of SPDR Gold Shares in the second quarter valued at approximately $157,187,000. Cetera Investment Advisers boosted its holdings 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 buying an additional 577,210 shares during the period. Finally, Strategic Financial Concepts LLC increased its position in shares of SPDR Gold Shares by 9,654.6% during the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after acquiring an additional 544,807 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.7 %

GLD opened at $247.98 on Friday. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $257.71. The firm’s fifty day simple moving average is $244.18 and its 200 day simple moving average is $228.61.

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).