Harbor Capital Advisors Inc. Acquires Shares of 902 SPDR Gold Shares (NYSEARCA:GLD)

Harbor Capital Advisors Inc. bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 902 shares of the exchange traded fund’s stock, valued at approximately $219,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC grew its stake in SPDR Gold Shares by 21,571.1% in the third 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 purchasing an additional 3,010,682 shares in the last quarter. Toronto Dominion Bank increased its holdings in SPDR Gold Shares by 23.6% in 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 buying an additional 1,079,452 shares during the last quarter. Arizona PSPRS Trust acquired a new position in SPDR Gold Shares in the second quarter worth approximately $157,187,000. Cetera Investment Advisers raised its position in SPDR Gold Shares by 461.0% during the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after acquiring an additional 577,210 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in SPDR Gold Shares by 9,654.6% in the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after acquiring an additional 544,807 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $249.66 on Friday. The company’s fifty day moving average is $243.51 and its 200-day moving average is $228.24. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $257.71.

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).