Enterprise Financial Services Corp raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 53.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,505 shares of the exchange traded fund’s stock after acquiring an additional 522 shares during the period. Enterprise Financial Services Corp’s holdings in SPDR Gold Shares were worth $184,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of GLD. Live Your Vision LLC grew its position in SPDR Gold Shares by 263.5% during the first quarter. Live Your Vision LLC now owns 229 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 166 shares during the last quarter. First Personal Financial Services bought a new position in SPDR Gold Shares during the fourth quarter valued at approximately $29,000. ERTS Wealth Advisors LLC bought a new position in SPDR Gold Shares during the fourth quarter valued at approximately $30,000. Nalls Sherbakoff Group LLC bought a new position in SPDR Gold Shares during the fourth quarter valued at approximately $35,000. Finally, Burt Wealth Advisors grew its position in SPDR Gold Shares by 800.0% during the first quarter. Burt Wealth Advisors now owns 315 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 280 shares during the last quarter.
Shares of NYSEARCA GLD opened at $121.37 on Monday. SPDR Gold Shares has a one year low of $111.06 and a one year high of $127.21.
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).
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