CGN Advisors LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,092 shares of the exchange traded fund’s stock, valued at approximately $264,000.
Other large investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its holdings in SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after purchasing an additional 3,010,682 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after acquiring an additional 100,149 shares in the last quarter. State Street Corp increased its holdings in shares of SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after acquiring an additional 47,507 shares during the last quarter. US Bancorp DE raised its stake in shares of SPDR Gold Shares by 0.5% in the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after acquiring an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in SPDR Gold Shares by 4.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after purchasing an additional 30,952 shares during the last quarter. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Trading Down 0.5 %
Shares of GLD stock opened at $249.27 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The business’s 50 day moving average is $243.85 and its two-hundred day moving average is $238.21.
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).
Further Reading
- Five stocks we like better than SPDR Gold Shares
- 3 Warren Buffett Stocks to Buy Now
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.