Moss Adams Wealth Advisors LLC Makes New Investment in SPDR Gold Shares (NYSEARCA:GLD)

Moss Adams Wealth Advisors LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,295 shares of the exchange traded fund’s stock, valued at approximately $248,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Toronto Dominion Bank increased its holdings in shares of SPDR Gold Shares by 14.5% during the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after acquiring an additional 591,368 shares during the last quarter. First Eagle Investment Management LLC boosted its holdings in shares of SPDR Gold Shares by 4.2% during the 3rd quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock worth $599,794,000 after buying an additional 137,604 shares during the period. International Assets Investment Management LLC grew its stake in SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after buying an additional 2,424,904 shares during the last quarter. Euclidean Capital LLC raised its holdings in SPDR Gold Shares by 91.4% in the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after acquiring an additional 507,500 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in SPDR Gold Shares by 4.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock worth $201,659,000 after acquiring an additional 47,681 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.3 %

GLD stock traded down $0.61 during mid-day trading on Wednesday, reaching $213.60. 4,461,743 shares of the stock traded hands, compared to its average volume of 7,893,003. The business has a 50-day moving average of $208.23 and a two-hundred day moving average of $194.39. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09.

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).