Nikulski Financial Inc. trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 19.9% during the 4th quarter, Holdings Channel reports. The fund owned 1,100 shares of the exchange traded fund’s stock after selling 274 shares during the period. Nikulski Financial Inc.’s holdings in SPDR Gold Shares were worth $266,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in GLD. International Assets Investment Management LLC boosted its position in SPDR Gold Shares by 21,571.1% during 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 acquiring an additional 3,010,682 shares in the last quarter. Diversify Advisory Services LLC lifted its stake in shares of SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after purchasing an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in SPDR Gold Shares by 47.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after purchasing an additional 146,271 shares during the last quarter. Banco Santander S.A. increased its position in SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after buying an additional 114,151 shares in the last quarter. Finally, JTC Employer Solutions Trustee Ltd lifted its holdings in shares of SPDR Gold Shares by 1,565.3% during the third quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock worth $27,979,000 after purchasing an additional 108,194 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Up 0.6 %
Shares of NYSEARCA:GLD opened at $255.65 on Friday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71. The company’s 50 day moving average is $245.31 and its 200 day moving average is $239.43.
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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