Capasso Planning Partners LLC Buys 2,193 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Capasso Planning Partners LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 34.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,581 shares of the exchange traded fund’s stock after acquiring an additional 2,193 shares during the quarter. Capasso Planning Partners LLC’s holdings in SPDR Gold Shares were worth $2,086,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD purchased a new position in shares of SPDR Gold Shares during the 1st quarter valued at $309,000. ORG Partners LLC purchased a new stake in SPDR Gold Shares during the second quarter valued at about $42,000. Valley National Advisers Inc. boosted its position in SPDR Gold Shares by 21.3% during the second quarter. Valley National Advisers Inc. now owns 650 shares of the exchange traded fund’s stock worth $139,000 after purchasing an additional 114 shares during the period. Triad Wealth Partners LLC purchased a new position in shares of SPDR Gold Shares in the second quarter worth about $25,000. Finally, Miracle Mile Advisors LLC raised its position in shares of SPDR Gold Shares by 2.3% in the second quarter. Miracle Mile Advisors LLC now owns 4,800 shares of the exchange traded fund’s stock valued at $1,032,000 after purchasing an additional 110 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $247.32 on Friday. The firm’s 50 day moving average is $246.61 and its 200 day moving average is $233.05. SPDR Gold Shares has a 12 month low of $183.38 and a 12 month high of $257.71.

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).