Beaird Harris Wealth Management LLC Grows Position in SPDR Gold Shares (NYSEARCA:GLD)

Beaird Harris Wealth Management LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 25.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,051 shares of the exchange traded fund’s stock after purchasing an additional 416 shares during the period. Beaird Harris Wealth Management LLC’s holdings in SPDR Gold Shares were worth $499,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC boosted its stake in shares of SPDR Gold Shares by 21,571.1% in the third 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 purchasing an additional 3,010,682 shares during the period. Arizona PSPRS Trust acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at approximately $157,187,000. Strategic Financial Concepts LLC boosted its stake in shares of SPDR Gold Shares by 9,654.6% during the 2nd 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 during the last quarter. Cerity Partners OCIO LLC bought a new stake in shares of SPDR Gold Shares in the second quarter worth $78,434,000. Finally, Bailard Inc. raised its holdings in SPDR Gold Shares by 2,310.2% in the second quarter. Bailard Inc. now owns 322,823 shares of the exchange traded fund’s stock valued at $69,410,000 after acquiring an additional 309,429 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.5 %

NYSEARCA GLD opened at $247.32 on Friday. The company’s fifty day moving average price is $246.61 and its two-hundred day moving average price 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 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).