SPDR Gold Shares (NYSEARCA:GLD) is Oliver Luxxe Assets LLC’s 2nd Largest Position

Oliver Luxxe Assets LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,091 shares of the exchange traded fund’s stock after purchasing an additional 106 shares during the quarter. SPDR Gold Shares comprises approximately 2.0% of Oliver Luxxe Assets LLC’s holdings, making the stock its 2nd largest holding. Oliver Luxxe Assets LLC’s holdings in SPDR Gold Shares were worth $11,402,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted 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 acquiring an additional 3,010,682 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after purchasing an additional 28,683 shares during the period. Stifel Financial Corp increased its position in shares of SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after purchasing an additional 100,149 shares during the last quarter. State Street Corp increased its position in shares of SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after purchasing an additional 47,507 shares during the last quarter. Finally, Arizona PSPRS Trust purchased a new stake in SPDR Gold Shares during the 2nd quarter valued at $157,187,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.1 %

Shares of GLD traded down $0.36 during midday trading on Monday, hitting $243.13. The stock had a trading volume of 3,129,330 shares, compared to its average volume of 4,719,159. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The stock’s 50 day moving average is $244.92 and its 200 day moving average is $236.30.

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).