Fieldpoint Private Securities LLC Grows Stake in SPDR Gold Shares (GLD)

Fieldpoint Private Securities LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 20.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,979 shares of the exchange traded fund’s stock after buying an additional 6,579 shares during the quarter. SPDR Gold Shares accounts for about 2.0% of Fieldpoint Private Securities LLC’s investment portfolio, making the stock its 6th largest holding. Fieldpoint Private Securities LLC’s holdings in SPDR Gold Shares were worth $4,739,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Blume Capital Management Inc. increased its position in SPDR Gold Shares by 30.8% in the second quarter. Blume Capital Management Inc. now owns 850 shares of the exchange traded fund’s stock worth $100,000 after buying an additional 200 shares during the period. FTB Advisors Inc. increased its holdings in shares of SPDR Gold Shares by 3.1% during the second quarter. FTB Advisors Inc. now owns 854 shares of the exchange traded fund’s stock valued at $100,000 after purchasing an additional 26 shares during the period. RPg Family Wealth Advisory LLC increased its holdings in shares of SPDR Gold Shares by 118.9% during the third quarter. RPg Family Wealth Advisory LLC now owns 939 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 510 shares during the period. QCI Asset Management Inc. NY increased its holdings in shares of SPDR Gold Shares by 14.9% during the second quarter. QCI Asset Management Inc. NY now owns 1,155 shares of the exchange traded fund’s stock valued at $136,000 after purchasing an additional 150 shares during the period. Finally, Tompkins Financial Corp increased its holdings in shares of SPDR Gold Shares by 52.5% during the third quarter. Tompkins Financial Corp now owns 1,244 shares of the exchange traded fund’s stock valued at $151,000 after purchasing an additional 428 shares during the period.

Shares of SPDR Gold Shares (GLD) traded up $0.24 during mid-day trading on Wednesday, reaching $118.39. The company had a trading volume of 8,020,100 shares, compared to its average volume of 7,447,643. SPDR Gold Shares has a fifty-two week low of $107.00 and a fifty-two week high of $128.32.

Separately, Standpoint Research raised their target price on SPDR Gold Shares to $28,000.00 in a research note 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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