Townsquare Capital LLC Boosts Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Townsquare Capital LLC grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 10.2% during the third quarter, Holdings Channel reports. The firm owned 19,969 shares of the exchange traded fund’s stock after acquiring an additional 1,846 shares during the period. Townsquare Capital LLC’s holdings in SPDR Gold Shares were worth $4,854,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Obermeyer Wood Investment Counsel Lllp lifted its stake in SPDR Gold Shares by 4.4% during the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after acquiring an additional 490 shares during the period. Linden Thomas Advisory Services LLC boosted its holdings in SPDR Gold Shares by 5.1% in the second quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after purchasing an additional 239 shares during the last quarter. RDA Financial Network boosted its holdings in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 88 shares during the last quarter. Oxler Private Wealth LLC grew its position in SPDR Gold Shares by 48.9% during the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after purchasing an additional 8,021 shares during the period. Finally, Blue Fin Capital Inc. raised its stake in shares of SPDR Gold Shares by 1.1% during the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after buying an additional 388 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $243.49 on Friday. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71. The stock’s 50-day moving average price is $246.46 and its 200-day moving average price is $231.27.

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).