IronBridge Private Wealth LLC Has $12.02 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

IronBridge Private Wealth LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,470 shares of the exchange traded fund’s stock after acquiring an additional 1,411 shares during the period. SPDR Gold Shares comprises about 4.5% of IronBridge Private Wealth LLC’s holdings, making the stock its 5th largest holding. IronBridge Private Wealth LLC’s holdings in SPDR Gold Shares were worth $12,024,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD bought a new stake in shares of SPDR Gold Shares in the 1st quarter worth about $309,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR Gold Shares during the second quarter valued at $45,000. Cullinan Associates Inc. acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $317,000. Linden Thomas Advisory Services LLC increased its holdings in SPDR Gold Shares by 5.1% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after purchasing an additional 239 shares during the last quarter. Finally, Burkett Financial Services LLC boosted its stake in shares of SPDR Gold Shares by 9.9% in the 2nd quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock valued at $110,000 after buying an additional 46 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $243.44 on Tuesday. The stock’s 50 day moving average price is $246.53 and its 200 day moving average price is $231.64. SPDR Gold Shares has a 1-year low of $183.15 and a 1-year 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).