Bordeaux Wealth Advisors LLC Purchases Shares of 1,000 SPDR Gold Shares (NYSEARCA:GLD)

Bordeaux Wealth Advisors LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 1,000 shares of the exchange traded fund’s stock, valued at approximately $215,000.

Other institutional investors also recently modified their holdings of the company. Scarborough Advisors LLC raised its holdings in shares of SPDR Gold Shares by 10,133.3% in the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after buying an additional 2,636,376 shares in the last quarter. Toronto Dominion Bank raised its stake in SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after acquiring an additional 1,079,452 shares in the last quarter. Global Assets Advisory LLC acquired a new position in SPDR Gold Shares during the first quarter worth $144,269,000. GLOBALT Investments LLC GA bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at $124,066,000. Finally, Cetera Investment Advisers boosted its stake in shares of SPDR Gold Shares by 461.0% in the 1st quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after purchasing an additional 577,210 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.8 %

GLD opened at $232.35 on Friday. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $234.01. The firm’s 50-day simple moving average is $225.12 and its 200-day simple moving average is $215.28.

SPDR Gold Shares Profile

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).