Advisory Services Network LLC Has $18.54 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Advisory Services Network LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,956 shares of the exchange traded fund’s stock after purchasing an additional 569 shares during the period. Advisory Services Network LLC’s holdings in SPDR Gold Shares were worth $18,535,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. WealthPlan Investment Management LLC raised its stake in shares of SPDR Gold Shares by 431.5% in the third quarter. WealthPlan Investment Management LLC now owns 4,252 shares of the exchange traded fund’s stock worth $729,000 after purchasing an additional 3,452 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of SPDR Gold Shares by 2,294.3% in the third quarter. Nomura Asset Management Co. Ltd. now owns 64,000 shares of the exchange traded fund’s stock worth $10,973,000 after acquiring an additional 61,327 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 25.6% in the third quarter. Corient Private Wealth LLC now owns 259,860 shares of the exchange traded fund’s stock worth $44,553,000 after acquiring an additional 53,001 shares during the period. NBC Securities Inc. bought a new position in shares of SPDR Gold Shares in the third quarter worth $521,000. Finally, Pinnacle Financial Partners Inc boosted its stake in SPDR Gold Shares by 3.9% during the third quarter. Pinnacle Financial Partners Inc now owns 17,558 shares of the exchange traded fund’s stock valued at $3,010,000 after buying an additional 662 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD traded up $0.20 during trading hours on Friday, hitting $215.92. 4,121,209 shares of the company’s stock traded hands, compared to its average volume of 7,774,624. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.66. The business’s fifty day simple moving average is $213.54 and its two-hundred day simple moving average is $197.18.

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).