SPDR Gold Shares $GLD is Delos Wealth Advisors LLC’s 4th Largest Position

Delos Wealth Advisors LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 7.3% during the 3rd quarter, Holdings Channel reports. The firm owned 19,263 shares of the exchange traded fund’s stock after acquiring an additional 1,314 shares during the period. SPDR Gold Shares comprises about 4.6% of Delos Wealth Advisors LLC’s holdings, making the stock its 4th biggest holding. Delos Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $6,847,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after acquiring an additional 1,903 shares during the last quarter. Bison Wealth LLC increased its position in shares of SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 2,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of SPDR Gold Shares during the first quarter valued at about $16,014,000. Schnieders Capital Management LLC. raised its stake in shares of SPDR Gold Shares by 4.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after acquiring an additional 275 shares during the last quarter. Finally, Advisors Capital Management LLC boosted its holdings in shares of SPDR Gold Shares by 5.1% during the second quarter. Advisors Capital Management LLC now owns 3,540 shares of the exchange traded fund’s stock worth $1,079,000 after purchasing an additional 173 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $460.84 on Monday. The stock has a market capitalization of $175.17 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1 year low of $272.58 and a 1 year high of $509.70. The business’s 50-day moving average is $454.30 and its 200 day moving average is $400.06.

Key Stories Impacting SPDR Gold Shares

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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). 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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