Thompson Davis & CO. Inc. Has $623,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Thompson Davis & CO. Inc. increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 25.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,562 shares of the exchange traded fund’s stock after buying an additional 525 shares during the period. Thompson Davis & CO. Inc.’s holdings in SPDR Gold Shares were worth $623,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in GLD. Obermeyer Wood Investment Counsel Lllp lifted its position in shares of SPDR Gold Shares by 4.4% during the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock worth $2,504,000 after purchasing an additional 490 shares in the last quarter. Linden Thomas Advisory Services LLC lifted its holdings in SPDR Gold Shares by 5.1% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock worth $1,063,000 after buying an additional 239 shares in the last quarter. RDA Financial Network boosted its position in SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 88 shares during the last quarter. Oxler Private Wealth LLC increased its stake in shares of SPDR Gold Shares by 48.9% in the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock valued at $5,254,000 after buying an additional 8,021 shares during the period. Finally, Blue Fin Capital Inc. raised its position in shares of SPDR Gold Shares by 1.1% during the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock worth $8,004,000 after acquiring an additional 388 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.9 %

Shares of GLD opened at $243.25 on Wednesday. The stock’s fifty day simple moving average is $245.35 and its 200-day simple moving average is $230.05. SPDR Gold Shares has a 12-month low of $182.23 and a 12-month high of $257.71.

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).