Broadleaf Partners LLC Invests $227,000 in SPDR Gold Shares (GLD) Stock

Broadleaf Partners LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,836 shares of the exchange traded fund’s stock, valued at approximately $227,000.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. FTB Advisors Inc. lifted its stake in SPDR Gold Shares by 3.1% in the second quarter. FTB Advisors Inc. now owns 854 shares of the exchange traded fund’s stock valued at $100,000 after acquiring an additional 26 shares during the last quarter. RPg Family Wealth Advisory LLC lifted its stake in shares of SPDR Gold Shares by 118.9% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 939 shares of the exchange traded fund’s stock worth $114,000 after buying an additional 510 shares during the last quarter. Truepoint Inc. lifted its stake in shares of SPDR Gold Shares by 2,551.0% during the 3rd quarter. Truepoint Inc. now owns 116,960 shares of the exchange traded fund’s stock worth $117,000 after buying an additional 112,548 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of SPDR Gold Shares by 179.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,116 shares of the exchange traded fund’s stock worth $136,000 after buying an additional 716 shares during the last quarter. Finally, Tompkins Financial Corp lifted its stake in shares of SPDR Gold Shares by 52.5% during the 3rd quarter. Tompkins Financial Corp now owns 1,244 shares of the exchange traded fund’s stock worth $151,000 after buying an additional 428 shares during the last quarter.

SPDR Gold Shares (NYSEARCA:GLD) traded up $1.66 on Friday, hitting $127.10. 5,994,700 shares of the stock were exchanged, compared to its average volume of 8,282,463. SPDR Gold Shares has a one year low of $112.81 and a one year high of $128.32. The firm has a market cap of $35,780.00 and a P/E ratio of -14.61.

Separately, Standpoint Research raised their price target on shares of SPDR Gold Shares to $28,000.00 in a research report on Thursday, December 7th.

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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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