SPDR Gold Shares $GLD Stake Raised by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 97.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,810 shares of the exchange traded fund’s stock after acquiring an additional 2,871 shares during the quarter. Mezzasalma Advisors LLC’s holdings in SPDR Gold Shares were worth $2,065,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in GLD. Brighton Jones LLC increased its stake in SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares during the period. Bison Wealth LLC increased its stake in shares of SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of SPDR Gold Shares by 86.5% during the first quarter. The Manufacturers Life Insurance Company now owns 75,465 shares of the exchange traded fund’s stock worth $21,744,000 after acquiring an additional 35,010 shares in the last quarter. Vident Advisory LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter worth $279,000. Finally, Pinnacle Wealth Planning Services Inc. boosted its position in SPDR Gold Shares by 6.8% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 4,276 shares of the exchange traded fund’s stock valued at $1,232,000 after purchasing an additional 272 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $416.74 on Friday. SPDR Gold Shares has a fifty-two week low of $239.58 and a fifty-two week high of $418.45. The stock’s 50-day moving average is $384.10 and its two-hundred day moving average is $345.40. The firm has a market cap of $150.82 billion, a P/E ratio of -32.43 and a beta of 0.09.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares 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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