Evercore Wealth Management LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,619 shares of the exchange traded fund’s stock after buying an additional 514 shares during the period. Evercore Wealth Management LLC’s holdings in SPDR Gold Shares were worth $6,272,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Ingalls & Snyder LLC raised its position in SPDR Gold Shares by 1.7% during the third quarter. Ingalls & Snyder LLC now owns 26,265 shares of the exchange traded fund’s stock worth $2,962,000 after acquiring an additional 440 shares during the last quarter. Wetherby Asset Management Inc. raised its position in SPDR Gold Shares by 5.0% during the third quarter. Wetherby Asset Management Inc. now owns 9,304 shares of the exchange traded fund’s stock worth $1,049,000 after acquiring an additional 443 shares during the last quarter. Cranbrook Wealth Management LLC raised its position in SPDR Gold Shares by 1.5% during the second quarter. Cranbrook Wealth Management LLC now owns 31,048 shares of the exchange traded fund’s stock worth $3,684,000 after acquiring an additional 463 shares during the last quarter. BB&T Securities LLC raised its position in SPDR Gold Shares by 1.5% during the second quarter. BB&T Securities LLC now owns 32,129 shares of the exchange traded fund’s stock worth $3,811,000 after acquiring an additional 465 shares during the last quarter. Finally, Blue Fin Capital Inc. raised its position in SPDR Gold Shares by 1.6% during the third quarter. Blue Fin Capital Inc. now owns 29,003 shares of the exchange traded fund’s stock worth $3,270,000 after acquiring an additional 466 shares during the last quarter.

NYSEARCA:GLD opened at $117.14 on Friday. SPDR Gold Shares has a 1-year low of $111.06 and a 1-year high of $129.51.

ILLEGAL ACTIVITY NOTICE: “SPDR Gold Shares (GLD) Shares Bought by Evercore Wealth Management LLC” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/spdr-gold-shares-gld-shares-bought-by-evercore-wealth-management-llc/2667321.html.

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).

Featured Story: Marijuana Stocks

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:GLD).

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.