2,561 Shares in SPDR Gold Shares (GLD) Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC purchased a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,561 shares of the exchange traded fund’s stock, valued at approximately $311,000.

Several other institutional investors have also modified their holdings of the stock. Blume Capital Management Inc. increased its stake in SPDR Gold Shares by 30.8% during the 2nd quarter. Blume Capital Management Inc. now owns 850 shares of the exchange traded fund’s stock valued at $100,000 after purchasing an additional 200 shares in the last quarter. FTB Advisors Inc. increased its stake in SPDR Gold Shares by 3.1% during the 2nd quarter. FTB Advisors Inc. now owns 854 shares of the exchange traded fund’s stock valued at $100,000 after purchasing an additional 26 shares in the last quarter. RPg Family Wealth Advisory LLC increased its stake in SPDR Gold Shares by 118.9% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 939 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 510 shares in the last quarter. QCI Asset Management Inc. NY increased its stake in SPDR Gold Shares by 14.9% during the 2nd quarter. QCI Asset Management Inc. NY now owns 1,155 shares of the exchange traded fund’s stock valued at $136,000 after purchasing an additional 150 shares in the last quarter. Finally, Tompkins Financial Corp increased its stake in SPDR Gold Shares by 52.5% during the 3rd quarter. Tompkins Financial Corp now owns 1,244 shares of the exchange traded fund’s stock valued at $151,000 after purchasing an additional 428 shares in the last quarter.

Separately, Standpoint Research raised their price objective on shares of SPDR Gold Shares to $28,000.00 in a research note on Thursday, December 7th.

SPDR Gold Shares (NYSEARCA GLD) traded down $0.20 during trading hours on Tuesday, reaching $117.81. 4,522,200 shares of the company’s stock were exchanged, compared to its average volume of 7,445,238. SPDR Gold Shares has a 1-year low of $107.00 and a 1-year high of $128.32.

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SPDR Gold Shares Company 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).

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

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