Envestnet Asset Management Inc. Has $70.72 Million Holdings in SPDR Gold Shares (GLD)

Envestnet Asset Management Inc. raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 13.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 581,721 shares of the exchange traded fund’s stock after buying an additional 68,407 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.20% of SPDR Gold Shares worth $70,724,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Harbour Capital Advisors LLC lifted its stake in shares of SPDR Gold Shares by 3,178.3% in the 2nd quarter. Harbour Capital Advisors LLC now owns 29,505 shares of the exchange traded fund’s stock valued at $250,000 after purchasing an additional 28,605 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of SPDR Gold Shares by 8.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,500 shares of the exchange traded fund’s stock valued at $885,000 after purchasing an additional 600 shares during the last quarter. Sei Investments Co. lifted its stake in shares of SPDR Gold Shares by 18.8% in the 2nd quarter. Sei Investments Co. now owns 7,540 shares of the exchange traded fund’s stock valued at $890,000 after purchasing an additional 1,192 shares during the last quarter. Lucas Capital Management lifted its stake in shares of SPDR Gold Shares by 2.6% in the 2nd quarter. Lucas Capital Management now owns 18,599 shares of the exchange traded fund’s stock valued at $2,195,000 after purchasing an additional 474 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of SPDR Gold Shares by 1.8% in the 2nd quarter. IFP Advisors Inc now owns 43,018 shares of the exchange traded fund’s stock valued at $5,077,000 after purchasing an additional 747 shares during the last quarter.

SPDR Gold Shares (NYSEARCA:GLD) traded up $0.49 on Monday, reaching $121.59. The company had a trading volume of 13,080,000 shares, compared to its average volume of 7,438,299. SPDR Gold Shares has a 1 year low of $107.00 and a 1 year high of $128.32.

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About SPDR Gold Shares

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 Shares (NYSEARCA:GLD)

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