Icon Wealth Advisors LLC Raises Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Icon Wealth Advisors LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6,457.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,165 shares of the exchange traded fund’s stock after acquiring an additional 37,583 shares during the period. Icon Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $9,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of GLD. International Assets Investment Management LLC raised 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 worth $735,169,000 after acquiring an additional 3,010,682 shares in the last quarter. Arizona PSPRS Trust purchased a new stake in SPDR Gold Shares during the 2nd quarter valued at $157,187,000. Cetera Investment Advisers raised its holdings in SPDR Gold Shares by 461.0% during the 1st 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. Strategic Financial Concepts LLC raised its holdings in SPDR Gold Shares by 9,654.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after buying an additional 544,807 shares during the period. Finally, Granite Bay Wealth Management LLC raised its holdings in SPDR Gold Shares by 25,320.8% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock valued at $111,854,000 after buying an additional 514,519 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $246.66 on Friday. The stock’s fifty day moving average is $245.81 and its 200 day moving average is $230.27. SPDR Gold Shares has a fifty-two week low of $183.15 and a fifty-two week high of $257.71.

About SPDR Gold Shares

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).