Delos Wealth Advisors LLC Has $3.50 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Delos Wealth Advisors LLC lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 16,280 shares of the exchange traded fund’s stock after purchasing an additional 1,416 shares during the period. SPDR Gold Shares accounts for about 3.4% of Delos Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. Delos Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $3,500,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Scarborough Advisors LLC lifted its holdings in SPDR Gold Shares by 10,133.3% during the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after buying an additional 2,636,376 shares in the last quarter. Toronto Dominion Bank raised its position in shares of SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after acquiring an additional 1,079,452 shares during the last quarter. Arizona PSPRS Trust acquired a new position in shares of SPDR Gold Shares during the second quarter valued at $157,187,000. Global Assets Advisory LLC acquired a new position in shares of SPDR Gold Shares during the first quarter valued at $144,269,000. Finally, GLOBALT Investments LLC GA bought a new position in SPDR Gold Shares in the fourth quarter valued at about $124,066,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $242.21 on Friday. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $242.63. The business has a 50-day moving average price of $228.91 and a two-hundred day moving average price of $219.01.

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).