Atria Investments Inc Boosts Holdings in SPDR Gold Shares $GLD

Atria Investments Inc raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 4.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 206,835 shares of the exchange traded fund’s stock after purchasing an additional 9,253 shares during the quarter. SPDR Gold Shares comprises 0.8% of Atria Investments Inc’s portfolio, making the stock its 16th largest position. Atria Investments Inc’s holdings in SPDR Gold Shares were worth $73,524,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC increased its position in SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after purchasing an additional 2,913,079 shares in the last quarter. Corient Private Wealth LLC grew its stake in SPDR Gold Shares by 108.1% during the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after buying an additional 559,507 shares during the period. Harvard Management Co. Inc. purchased a new stake in SPDR Gold Shares during the second quarter worth approximately $101,508,000. Quadrature Capital Ltd acquired a new stake in shares of SPDR Gold Shares in the second quarter worth $99,996,000. Finally, Flow Traders U.S. LLC raised its stake in shares of SPDR Gold Shares by 276.0% in the 2nd quarter. Flow Traders U.S. LLC now owns 304,814 shares of the exchange traded fund’s stock valued at $92,916,000 after acquiring an additional 223,744 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.1%

GLD opened at $467.63 on Thursday. The firm’s 50 day moving average is $423.06 and its 200-day moving average is $374.68. SPDR Gold Shares has a 52-week low of $261.25 and a 52-week high of $509.70. The firm has a market capitalization of $177.75 billion, a P/E ratio of -32.43 and a beta of 0.09.

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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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