WASHINGTON TRUST Co Purchases 306 Shares of SPDR Gold Shares (NYSEARCA:GLD)

WASHINGTON TRUST Co increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,281 shares of the exchange traded fund’s stock after purchasing an additional 306 shares during the quarter. WASHINGTON TRUST Co’s holdings in SPDR Gold Shares were worth $1,279,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC raised its stake 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 valued at $735,169,000 after buying an additional 3,010,682 shares during the period. Strategic Financial Concepts LLC raised its stake in SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after acquiring an additional 606,411 shares during the period. Diversify Advisory Services LLC lifted its holdings in 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 valued at $59,410,000 after purchasing an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in SPDR Gold Shares by 47.5% during the 3rd 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. Finally, Banco Santander S.A. boosted its position in SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after purchasing an additional 114,151 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD opened at $266.29 on Friday. The company’s 50-day moving average is $250.28 and its 200-day moving average is $243.26. SPDR Gold Shares has a fifty-two week low of $184.84 and a fifty-two week high of $270.39.

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).