Mirador Capital Partners LP Raises Holdings in SPDR Gold Shares $GLD

Mirador Capital Partners LP boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 45.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,419 shares of the exchange traded fund’s stock after buying an additional 1,382 shares during the quarter. Mirador Capital Partners LP’s holdings in SPDR Gold Shares were worth $1,571,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Chapman Financial Group LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at $26,000. Traub Capital Management LLC purchased a new stake in SPDR Gold Shares in the 2nd quarter valued at about $34,000. Kilter Group LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter valued at about $34,000. Legacy Wealth Managment LLC ID increased its position in SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares during the last quarter. Finally, First Command Advisory Services Inc. purchased a new position in shares of SPDR Gold Shares in the 2nd quarter worth $43,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.0%

GLD stock opened at $395.89 on Wednesday. The company has a market cap of $143.27 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $238.73 and a 12-month high of $403.30. The stock has a 50-day moving average price of $379.69 and a two-hundred day moving average price of $340.08.

About SPDR Gold Shares

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).