SPDR Gold Shares $GLD Shares Bought by J.Safra Asset Management Corp

J.Safra Asset Management Corp raised its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 12.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,726 shares of the exchange traded fund’s stock after purchasing an additional 5,544 shares during the period. SPDR Gold Shares comprises 1.1% of J.Safra Asset Management Corp’s holdings, making the stock its 18th largest position. J.Safra Asset Management Corp’s holdings in SPDR Gold Shares were worth $17,676,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. Mccarter Private Wealth Services LLC grew its stake in SPDR Gold Shares by 3.2% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock valued at $309,000 after acquiring an additional 27 shares during the period. Norris Perne & French LLP MI lifted its holdings in SPDR Gold Shares by 3.3% during the third quarter. Norris Perne & French LLP MI now owns 873 shares of the exchange traded fund’s stock valued at $310,000 after purchasing an additional 28 shares in the last quarter. Revisor Wealth Management LLC lifted its holdings in SPDR Gold Shares by 2.4% during the third quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock valued at $452,000 after purchasing an additional 29 shares in the last quarter. Halbert Hargrove Global Advisors LLC grew its position in shares of SPDR Gold Shares by 12.0% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 271 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 29 shares during the period. Finally, Phil A. Younker & Associates Ltd. increased its stake in shares of SPDR Gold Shares by 4.0% during the third quarter. Phil A. Younker & Associates Ltd. now owns 781 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 30 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting SPDR Gold Shares

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SPDR Gold Shares Stock Down 0.5%

GLD opened at $421.29 on Friday. SPDR Gold Shares has a twelve month low of $249.15 and a twelve month high of $426.86. The company has a market cap of $158.24 billion, a PE ratio of -32.43 and a beta of 0.09. The company has a 50-day moving average price of $395.73 and a 200 day moving average price of $356.05.

About SPDR Gold Shares

(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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