Brighton Jones LLC Has $2.42 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Brighton Jones LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.1% during the second quarter, Holdings Channel reports. The firm owned 11,252 shares of the exchange traded fund’s stock after acquiring an additional 234 shares during the quarter. Brighton Jones LLC’s holdings in SPDR Gold Shares were worth $2,419,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Aveo Capital Partners LLC increased its position in SPDR Gold Shares by 116.1% in the 4th quarter. Aveo Capital Partners LLC now owns 23,077 shares of the exchange traded fund’s stock valued at $4,412,000 after buying an additional 12,396 shares in the last quarter. Gryphon Financial Partners LLC increased its position in SPDR Gold Shares by 628.7% in the 4th quarter. Gryphon Financial Partners LLC now owns 3,352 shares of the exchange traded fund’s stock valued at $632,000 after buying an additional 2,892 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in SPDR Gold Shares by 23.6% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $284,000 after buying an additional 284 shares in the last quarter. Trexquant Investment LP bought a new stake in SPDR Gold Shares in the 4th quarter valued at about $371,000. Finally, Frazier Financial Advisors LLC bought a new stake in SPDR Gold Shares in the 4th quarter valued at about $26,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.3 %

Shares of SPDR Gold Shares stock opened at $242.21 on Friday. SPDR Gold Shares has a one year low of $168.30 and a one year high of $242.63. The business has a 50-day simple moving average of $228.91 and a 200 day simple moving average of $218.86.

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).