Retirement Planning Group LLC Has $4.14 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Retirement Planning Group LLC raised its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 316.3% during the first quarter, Holdings Channel reports. The institutional investor owned 20,123 shares of the exchange traded fund’s stock after buying an additional 15,289 shares during the quarter. Retirement Planning Group LLC’s holdings in SPDR Gold Shares were worth $4,140,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in GLD. Cary Street Partners Investment Advisory LLC grew its position in shares of SPDR Gold Shares by 1.3% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 11,375 shares of the exchange traded fund’s stock worth $1,950,000 after buying an additional 150 shares during the period. Milestone Asset Management LLC grew its holdings in SPDR Gold Shares by 5.4% during the 3rd quarter. Milestone Asset Management LLC now owns 2,865 shares of the exchange traded fund’s stock worth $486,000 after acquiring an additional 147 shares during the period. Sand Hill Global Advisors LLC lifted its stake in shares of SPDR Gold Shares by 2.6% in the 3rd quarter. Sand Hill Global Advisors LLC now owns 2,926 shares of the exchange traded fund’s stock valued at $502,000 after purchasing an additional 75 shares during the period. Resolute Wealth Strategies LLC boosted its position in shares of SPDR Gold Shares by 3.1% in the 3rd quarter. Resolute Wealth Strategies LLC now owns 21,533 shares of the exchange traded fund’s stock worth $3,692,000 after purchasing an additional 639 shares during the last quarter. Finally, Toronto Dominion Bank boosted its position in shares of SPDR Gold Shares by 14.5% in the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after purchasing an additional 591,368 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.5 %

NYSEARCA GLD traded down $1.07 on Tuesday, reaching $214.56. The company had a trading volume of 3,808,419 shares, compared to its average volume of 7,414,025. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.66. The stock’s 50 day moving average is $216.70 and its 200-day moving average is $202.11.

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).

Further Reading

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLDFree Report).

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

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