SPDR Gold Shares $GLD Shares Acquired by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. increased its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 1.0% in the third quarter, HoldingsChannel reports. The firm owned 214,398 shares of the exchange traded fund’s stock after acquiring an additional 2,138 shares during the quarter. SPDR Gold Shares accounts for 1.4% of Mesirow Financial Investment Management Inc.’s portfolio, making the stock its 16th biggest position. Mesirow Financial Investment Management Inc.’s holdings in SPDR Gold Shares were worth $76,211,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of GLD. Brighton Jones LLC lifted its position in SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after purchasing an additional 1,903 shares during the period. Bison Wealth LLC grew its position in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of SPDR Gold Shares in the 1st quarter valued at about $16,014,000. Schnieders Capital Management LLC. lifted its holdings in shares of SPDR Gold Shares by 4.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after buying an additional 275 shares during the period. Finally, Advisory Alpha LLC grew its holdings in SPDR Gold Shares by 12.6% during the second quarter. Advisory Alpha LLC now owns 2,572 shares of the exchange traded fund’s stock worth $784,000 after acquiring an additional 287 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.3%

Shares of NYSEARCA:GLD opened at $473.42 on Thursday. SPDR Gold Shares has a 12-month low of $261.25 and a 12-month high of $509.70. The company has a market capitalization of $179.95 billion, a PE ratio of -32.43 and a beta of 0.09. The business has a 50 day moving average of $437.57 and a two-hundred day moving average of $385.57.

Key Headlines 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.

See Also

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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