Wilbanks Smith & Thomas Asset Management LLC Raises Holdings in SPDR Gold Trust (GLD)

Wilbanks Smith & Thomas Asset Management LLC boosted its holdings in SPDR Gold Trust (NYSEARCA:GLD) by 11.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,397 shares of the exchange traded fund’s stock after acquiring an additional 5,677 shares during the quarter. Wilbanks Smith & Thomas Asset Management LLC’s holdings in SPDR Gold Trust were worth $6,302,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bronfman E.L. Rothschild L.P. raised its position in SPDR Gold Trust by 302.7% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 49,462 shares of the exchange traded fund’s stock worth $5,838,000 after acquiring an additional 37,179 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp bought a new stake in SPDR Gold Trust in the second quarter worth about $58,494,000. Sequoia Financial Advisors LLC raised its position in SPDR Gold Trust by 3.5% in the second quarter. Sequoia Financial Advisors LLC now owns 31,441 shares of the exchange traded fund’s stock worth $3,711,000 after acquiring an additional 1,049 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in SPDR Gold Trust by 3.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,406 shares of the exchange traded fund’s stock worth $11,496,000 after acquiring an additional 3,407 shares in the last quarter. Finally, Richard C. Young & CO. LTD. raised its position in SPDR Gold Trust by 2.5% in the second quarter. Richard C. Young & CO. LTD. now owns 319,285 shares of the exchange traded fund’s stock worth $37,682,000 after acquiring an additional 7,930 shares in the last quarter.

COPYRIGHT VIOLATION WARNING: This story was originally posted by Community Financial News and is owned by of Community Financial News. If you are accessing this story on another site, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this story can be viewed at https://www.com-unik.info/2017/10/10/wilbanks-smith-thomas-asset-management-llc-raises-holdings-in-spdr-gold-trust-gld.html.

Shares of SPDR Gold Trust (GLD) traded up 0.43% during midday trading on Tuesday, reaching $122.61. 3,882,624 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $123.91 and its 200 day moving average price is $120.59. SPDR Gold Trust has a 52-week low of $107.00 and a 52-week high of $128.32.

SPDR Gold Trust 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).

Institutional Ownership by Quarter for SPDR Gold Trust (NYSEARCA:GLD)

What are top analysts saying about SPDR Gold Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for SPDR Gold Trust and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit