SPDR Gold Trust (GLD) Shares Bought by BSW Wealth Partners

BSW Wealth Partners raised its position in shares of SPDR Gold Trust (NYSEARCA:GLD) by 103.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,727 shares of the exchange traded fund’s stock after acquiring an additional 11,040 shares during the quarter. SPDR Gold Trust makes up about 1.1% of BSW Wealth Partners’ holdings, making the stock its 14th largest holding. BSW Wealth Partners’ holdings in SPDR Gold Trust were worth $2,687,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GLD. Flow Traders U.S. LLC increased its holdings in shares of SPDR Gold Trust by 6,385.5% in the third quarter. Flow Traders U.S. LLC now owns 306,633 shares of the exchange traded fund’s stock valued at $37,280,000 after purchasing an additional 301,905 shares during the last quarter. Chevy Chase Trust Holdings Inc. increased its holdings in shares of SPDR Gold Trust by 42.1% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 7,410 shares of the exchange traded fund’s stock valued at $901,000 after purchasing an additional 2,195 shares during the last quarter. Sterling Capital Management LLC acquired a new stake in shares of SPDR Gold Trust in the third quarter valued at approximately $262,000. Westside Investment Management Inc. increased its holdings in shares of SPDR Gold Trust by 4.7% in the third quarter. Westside Investment Management Inc. now owns 25,596 shares of the exchange traded fund’s stock valued at $3,125,000 after purchasing an additional 1,159 shares during the last quarter. Finally, Waverton Investment Management Ltd increased its holdings in shares of SPDR Gold Trust by 4.3% in the fourth quarter. Waverton Investment Management Ltd now owns 25,741 shares of the exchange traded fund’s stock valued at $3,183,000 after purchasing an additional 1,065 shares during the last quarter.

Shares of SPDR Gold Trust (NYSEARCA:GLD) opened at $126.08 on Wednesday. SPDR Gold Trust has a fifty-two week low of $114.02 and a fifty-two week high of $129.51. The company has a market capitalization of $35,300.00 and a P/E ratio of -14.49.

Separately, Standpoint Research increased their price target on SPDR Gold Trust to $28,000.00 in a report on Thursday, December 7th.

TRADEMARK VIOLATION WARNING: “SPDR Gold Trust (GLD) Shares Bought by BSW Wealth Partners” was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://www.dispatchtribunal.com/2018/02/14/spdr-gold-trust-gld-shares-bought-by-bsw-wealth-partners.html.

About SPDR Gold Trust

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).

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Trust (NYSEARCA:GLD).

Institutional Ownership by Quarter for SPDR Gold Trust (NYSEARCA:GLD)

Receive News & Ratings for SPDR Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply