Princeton Global Asset Management LLC Increases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Princeton Global Asset Management LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,828 shares of the exchange traded fund’s stock after acquiring an additional 408 shares during the quarter. Princeton Global Asset Management LLC’s holdings in SPDR Gold Shares were worth $1,512,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in GLD. Toronto Dominion Bank grew its position in SPDR Gold Shares by 164.4% in the 2nd quarter. Toronto Dominion Bank now owns 328,490,000 shares of the exchange traded fund’s stock worth $43,754,868,000 after purchasing an additional 204,230,720 shares during the period. Bank of Nova Scotia raised its stake in SPDR Gold Shares by 207.9% during the 2nd quarter. Bank of Nova Scotia now owns 1,539,713 shares of the exchange traded fund’s stock valued at $205,090,000 after buying an additional 1,039,713 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in SPDR Gold Shares by 37.5% during the 2nd quarter. Asset Management One Co. Ltd. now owns 1,387,990 shares of the exchange traded fund’s stock valued at $184,880,000 after buying an additional 378,465 shares during the last quarter. WealthNavi Inc. lifted its holdings in shares of SPDR Gold Shares by 7.7% during the 3rd quarter. WealthNavi Inc. now owns 960,381 shares of the exchange traded fund’s stock valued at $133,368,000 after buying an additional 68,649 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of SPDR Gold Shares by 3.3% during the 2nd quarter. LPL Financial LLC now owns 887,741 shares of the exchange traded fund’s stock valued at $118,247,000 after buying an additional 28,695 shares during the period.

Shares of GLD stock traded up $1.32 on Tuesday, reaching $139.11. The stock had a trading volume of 8,488,648 shares, compared to its average volume of 8,991,566. SPDR Gold Shares has a 1 year low of $116.58 and a 1 year high of $146.82. The company has a 50 day simple moving average of $139.42 and a 200 day simple moving average of $136.12.

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).

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

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