Richard C. Young & CO. LTD. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 323,238 shares of the exchange traded fund’s stock after purchasing an additional 3,953 shares during the quarter. SPDR Gold Shares accounts for about 7.4% of Richard C. Young & CO. LTD.’s investment portfolio, making the stock its largest holding. Richard C. Young & CO. LTD. owned 0.11% of SPDR Gold Shares worth $39,299,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in GLD. Clear Harbor Asset Management LLC lifted its stake in SPDR Gold Shares by 0.3% in the 2nd quarter. Clear Harbor Asset Management LLC now owns 4,373 shares of the exchange traded fund’s stock worth $507,000 after acquiring an additional 15 shares in the last quarter. Meritage Portfolio Management purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth about $246,000. Steinberg Global Asset Management raised its stake in shares of SPDR Gold Shares by 10.2% during the 2nd quarter. Steinberg Global Asset Management now owns 2,160 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 200 shares in the last quarter. Hanson & Doremus Investment Management raised its stake in shares of SPDR Gold Shares by 38.6% during the 2nd quarter. Hanson & Doremus Investment Management now owns 6,683 shares of the exchange traded fund’s stock worth $789,000 after purchasing an additional 1,860 shares in the last quarter. Finally, Eastern Bank raised its stake in shares of SPDR Gold Shares by 4.8% during the 2nd quarter. Eastern Bank now owns 4,309 shares of the exchange traded fund’s stock worth $508,000 after purchasing an additional 197 shares in the last quarter.

SPDR Gold Shares (GLD) traded down $0.31 on Monday, hitting $122.32. The stock had a trading volume of 1,779,700 shares, compared to its average volume of 7,435,974. SPDR Gold Shares has a 52 week low of $107.00 and a 52 week high of $128.32.

WARNING: “SPDR Gold Shares (GLD) Shares Bought by Richard C. Young & CO. LTD.” was originally posted by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The original version of this news story can be accessed at https://www.watchlistnews.com/spdr-gold-shares-gld-shares-bought-by-richard-c-young-co-ltd/1729481.html.

SPDR Gold Shares Profile

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).

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 Analyst Ratings Network's FREE daily email newsletter.