Sumitomo Mitsui Trust Group Inc. Has $72.14 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 34.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 297,956 shares of the exchange traded fund’s stock after selling 156,197 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.10% of SPDR Gold Shares worth $72,144,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in GLD. International Assets Investment Management LLC lifted its holdings in 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 worth $735,169,000 after purchasing an additional 3,010,682 shares during the last quarter. Strategic Financial Concepts LLC raised its position in shares of SPDR Gold Shares by 24,600.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after purchasing an additional 606,411 shares during the period. Diversify Advisory Services LLC lifted its stake in shares of SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after buying an additional 195,520 shares during the last quarter. Banco Santander S.A. boosted its holdings in shares of 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 worth $39,065,000 after buying an additional 114,151 shares during the period. Finally, JTC Employer Solutions Trustee Ltd grew its stake in SPDR Gold Shares by 1,565.3% in the 3rd quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock valued at $27,979,000 after buying an additional 108,194 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.2 %

Shares of GLD opened at $263.90 on Monday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $266.35. The company’s fifty day moving average price is $248.30 and its 200 day moving average price is $242.07.

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).