State Street Corp Raises Position in SPDR Gold Shares (NYSEARCA:GLD)

State Street Corp grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 764,315 shares of the exchange traded fund’s stock after buying an additional 47,507 shares during the quarter. State Street Corp’s holdings in SPDR Gold Shares were worth $185,774,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in GLD. Obermeyer Wood Investment Counsel Lllp grew its position in SPDR Gold Shares by 4.4% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock worth $2,504,000 after purchasing an additional 490 shares during the period. RDA Financial Network grew its holdings in shares of SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after acquiring an additional 88 shares during the period. Oxler Private Wealth LLC increased its position in SPDR Gold Shares by 48.9% during the second quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock valued at $5,254,000 after acquiring an additional 8,021 shares during the last quarter. Blue Fin Capital Inc. lifted its holdings in SPDR Gold Shares by 1.1% in the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after acquiring an additional 388 shares during the period. Finally, Centaurus Financial Inc. increased its position in shares of SPDR Gold Shares by 10.1% during the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock valued at $8,514,000 after purchasing an additional 3,630 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.5 %

Shares of SPDR Gold Shares stock opened at $247.32 on Friday. SPDR Gold Shares has a 1-year low of $183.38 and a 1-year high of $257.71. The company’s fifty day simple moving average is $246.57 and its 200-day simple moving average is $232.95.

SPDR Gold Shares 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).