Rockefeller Capital Management L.P. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 695,083 shares of the exchange traded fund’s stock after buying an additional 29,585 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.23% of SPDR Gold Shares worth $168,216,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Clarus Group Inc. grew its holdings in SPDR Gold Shares by 2.2% in the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 40 shares during the period. Kellett Wealth Advisors LLC boosted its position in shares of SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after acquiring an additional 40 shares during the last quarter. Wealth Advisors of Iowa LLC grew its holdings in SPDR Gold Shares by 3.9% in the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 40 shares during the period. Magnus Financial Group LLC increased its position in SPDR Gold Shares by 0.6% during the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares during the last quarter. Finally, Pittenger & Anderson Inc. raised its stake in SPDR Gold Shares by 25.9% during the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 41 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 1.9 %
Shares of GLD opened at $297.93 on Friday. The firm has a market cap of $89.56 billion, a PE ratio of -30.67 and a beta of 0.17. The company’s fifty day moving average is $274.59 and its two-hundred day moving average is $256.56. SPDR Gold Shares has a fifty-two week low of $210.71 and a fifty-two week high of $299.28.
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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