StoneX Group Inc. Purchases 5,145 Shares of SPDR Gold Shares (NYSEARCA:GLD)

StoneX Group Inc. lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 42.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,296 shares of the exchange traded fund’s stock after acquiring an additional 5,145 shares during the quarter. StoneX Group Inc.’s holdings in SPDR Gold Shares were worth $4,204,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its holdings in shares of SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after purchasing an additional 3,010,682 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in SPDR Gold Shares by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after buying an additional 28,683 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in SPDR Gold Shares by 7.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after buying an additional 70,290 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in SPDR Gold Shares by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after acquiring an additional 54,974 shares in the last quarter. Finally, Arizona PSPRS Trust purchased a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $157,187,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD opened at $249.84 on Friday. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month high of $257.71. The stock has a fifty day moving average price of $246.03 and a 200-day moving average price of $230.62.

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).