Cerity Partners LLC Buys 1,798 Shares of SPDR Gold Shares $GLD

Cerity Partners LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 0.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 428,548 shares of the exchange traded fund’s stock after purchasing an additional 1,798 shares during the quarter. Cerity Partners LLC’s holdings in SPDR Gold Shares were worth $152,439,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of GLD. Chapman Financial Group LLC bought a new position in SPDR Gold Shares in the second quarter worth about $26,000. Traub Capital Management LLC purchased a new position in shares of SPDR Gold Shares during the 2nd quarter worth approximately $34,000. Kilter Group LLC bought a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $34,000. First Command Advisory Services Inc. bought a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $43,000. Finally, Decker Retirement Planning Inc. lifted its stake in shares of SPDR Gold Shares by 358.8% in the 2nd quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 122 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares News Roundup

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

SPDR Gold Shares Stock Up 1.1%

NYSEARCA GLD opened at $413.18 on Wednesday. The firm has a market capitalization of $154.82 billion, a PE ratio of -32.43 and a beta of 0.09. The stock’s 50 day moving average is $387.40 and its 200 day moving average is $350.07. SPDR Gold Shares has a twelve month low of $243.81 and a twelve month high of $418.45.

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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