Middleton & Co. Inc. MA Increases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Middleton & Co. Inc. MA boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 15.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,235 shares of the exchange traded fund’s stock after buying an additional 165 shares during the quarter. Middleton & Co. Inc. MA’s holdings in SPDR Gold Shares were worth $266,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of GLD. Triad Wealth Partners LLC bought a new position in shares of SPDR Gold Shares during the 2nd quarter worth approximately $25,000. Frazier Financial Advisors LLC purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $26,000. Northwest Investment Counselors LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter valued at approximately $26,000. Gold Investment Management Ltd. bought a new stake in SPDR Gold Shares during the fourth quarter worth $27,000. Finally, Private Ocean LLC boosted its position in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $235.51 on Thursday. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $240.29. The business has a fifty day moving average price of $228.21 and a two-hundred day moving average price of $218.39.

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).