Patton Albertson Miller Group LLC Takes $224,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

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Patton Albertson Miller Group LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 1,336 shares of the exchange traded fund’s stock, valued at approximately $224,000.

A number of other institutional investors have also recently bought and sold shares of the business. Gofen & Glossberg LLC IL raised its holdings in shares of SPDR Gold Shares by 1.1% during the second quarter. Gofen & Glossberg LLC IL now owns 5,742 shares of the exchange traded fund’s stock valued at $961,000 after acquiring an additional 60 shares during the period. Atlas Capital Advisors LLC grew its holdings in shares of SPDR Gold Shares by 13.8% in the 2nd quarter. Atlas Capital Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $86,000 after purchasing an additional 62 shares during the last quarter. Lafayette Investments Inc. grew its holdings in shares of SPDR Gold Shares by 4.6% in the 2nd quarter. Lafayette Investments Inc. now owns 1,430 shares of the exchange traded fund’s stock worth $239,000 after purchasing an additional 63 shares during the last quarter. Beese Fulmer Investment Management Inc. grew its holdings in shares of SPDR Gold Shares by 1.5% in the 2nd quarter. Beese Fulmer Investment Management Inc. now owns 4,293 shares of the exchange traded fund’s stock worth $719,000 after purchasing an additional 65 shares during the last quarter. Finally, Johnson Financial Group Inc. grew its holdings in shares of SPDR Gold Shares by 5.5% in the 1st quarter. Johnson Financial Group Inc. now owns 1,286 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 67 shares during the last quarter.

NYSEARCA:GLD traded up $1.19 during mid-day trading on Thursday, reaching $183.43. 995,411 shares of the company were exchanged, compared to its average volume of 13,854,761. SPDR Gold Shares has a 12 month low of $136.12 and a 12 month high of $194.45. The company has a fifty day moving average of $177.70 and a 200 day moving average of $161.78.

SPDR Gold Shares 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).

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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD).

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

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