2,613 Shares in SPDR Gold Shares (GLD) Acquired by Smart Money Group LLC

Smart Money Group LLC acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 2,613 shares of the exchange traded fund’s stock, valued at approximately $295,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Daiwa Securities Group Inc. boosted its position in shares of SPDR Gold Shares by 18.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 7,100 shares of the exchange traded fund’s stock worth $801,000 after buying an additional 1,100 shares in the last quarter. Private Advisor Group LLC raised its stake in SPDR Gold Shares by 105.2% in the 3rd quarter. Private Advisor Group LLC now owns 87,741 shares of the exchange traded fund’s stock valued at $9,894,000 after purchasing an additional 44,990 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in SPDR Gold Shares by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 155,798 shares of the exchange traded fund’s stock valued at $17,568,000 after purchasing an additional 5,901 shares during the last quarter. Parallel Advisors LLC raised its stake in SPDR Gold Shares by 21.0% in the 3rd quarter. Parallel Advisors LLC now owns 6,657 shares of the exchange traded fund’s stock valued at $751,000 after purchasing an additional 1,155 shares during the last quarter. Finally, Valeo Financial Advisors LLC raised its stake in SPDR Gold Shares by 16.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $519,000 after purchasing an additional 621 shares during the last quarter.

Shares of GLD stock opened at $116.55 on Monday. SPDR Gold Shares has a twelve month low of $111.06 and a twelve month high of $129.51.

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).

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

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