SPDR Gold Shares $GLD Shares Bought by Synergy Asset Management LLC

Synergy Asset Management LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 159.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,381 shares of the exchange traded fund’s stock after purchasing an additional 10,683 shares during the period. Synergy Asset Management LLC’s holdings in SPDR Gold Shares were worth $6,178,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of GLD. American National Bank & Trust boosted its stake in shares of SPDR Gold Shares by 52.4% in the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 100 shares during the period. StrongBox Wealth LLC increased its stake in SPDR Gold Shares by 10.1% during the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after buying an additional 136 shares during the period. Beaumont Financial Advisors LLC lifted its holdings in SPDR Gold Shares by 6.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after buying an additional 215 shares in the last quarter. TD Private Client Wealth LLC lifted its holdings in SPDR Gold Shares by 14.6% during the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock worth $15,618,000 after buying an additional 6,540 shares in the last quarter. Finally, ST Germain D J Co. Inc. boosted its position in SPDR Gold Shares by 151.5% in the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after buying an additional 835 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

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SPDR Gold Shares Trading Up 0.5%

SPDR Gold Shares stock opened at $398.28 on Friday. The firm has a market capitalization of $144.14 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a twelve month low of $242.05 and a twelve month high of $418.45. The stock’s fifty day simple moving average is $385.59 and its 200-day simple moving average is $348.13.

SPDR Gold Shares Company Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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

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