Advyzon Investment Management LLC acquired a new position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 931 shares of the exchange traded fund’s stock, valued at approximately $225,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. International Assets Investment Management LLC boosted its stake 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 in the last quarter. Strategic Financial Concepts LLC raised its holdings in 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 worth $147,427,000 after buying an additional 606,411 shares during the last quarter. 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 in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of 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 worth $110,386,000 after buying an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. grew its holdings in shares of 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 valued at $39,065,000 after buying an additional 114,151 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
Shares of NYSEARCA GLD opened at $270.99 on Friday. SPDR Gold Shares has a twelve month low of $187.05 and a twelve month high of $271.84. The company has a 50 day moving average of $252.48 and a 200 day moving average of $244.82.
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).
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