Mason & Associates Inc Purchases New Stake in SPDR Gold Shares (NYSEARCA:GLD)

Mason & Associates Inc acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,925 shares of the exchange traded fund’s stock, valued at approximately $1,197,000.

A number of other large investors also recently added to or reduced their stakes in the business. International Assets Investment Management LLC grew its holdings in shares of SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the period. Toronto Dominion Bank grew its position in shares of SPDR Gold Shares by 23.6% in the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after purchasing an additional 1,079,452 shares during the period. Arizona PSPRS Trust acquired a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $157,187,000. Cetera Investment Advisers lifted its stake in SPDR Gold Shares by 461.0% in the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after buying an additional 577,210 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in SPDR Gold Shares by 9,654.6% in the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after buying an additional 544,807 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.6 %

Shares of GLD stock traded up $1.61 during trading hours on Thursday, hitting $252.48. 2,765,320 shares of the company were exchanged, compared to its average volume of 6,972,801. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week high of $253.94. The business has a 50 day moving average of $239.18 and a two-hundred day moving average of $225.85.

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).