35,335 Shares in SPDR Gold Shares (NYSEARCA:GLD) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 35,335 shares of the exchange traded fund’s stock, valued at approximately $7,794,000.

Other institutional investors also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in SPDR Gold Shares during the third quarter worth $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $35,000. Pittenger & Anderson Inc. purchased a new position in SPDR Gold Shares in the third quarter valued at approximately $38,000. Sugarloaf Wealth Management LLC grew its stake in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the period. Finally, Maryland Capital Advisors Inc. bought a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $40,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.6 %

Shares of SPDR Gold Shares stock opened at $255.65 on Monday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71. The company has a fifty day moving average of $245.31 and a 200-day moving average of $239.58.

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).