AlTi Global Inc. Has $135.37 Million Holdings in SPDR Gold Shares $GLD

AlTi Global Inc. boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 469,814 shares of the exchange traded fund’s stock after purchasing an additional 35,290 shares during the period. SPDR Gold Shares comprises approximately 3.5% of AlTi Global Inc.’s investment portfolio, making the stock its 7th biggest position. AlTi Global Inc. owned 0.16% of SPDR Gold Shares worth $135,372,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Securities Inc. lifted its stake in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after acquiring an additional 33 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of SPDR Gold Shares by 6.6% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock valued at $164,000 after buying an additional 35 shares during the period. Pinnacle Associates Ltd. grew its stake in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after buying an additional 35 shares during the period. FourThought Financial Partners LLC lifted its position in shares of SPDR Gold Shares by 3.5% during the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock worth $299,000 after buying an additional 35 shares in the last quarter. Finally, Stewardship Advisors LLC increased its stake in shares of SPDR Gold Shares by 2.6% during the 1st quarter. Stewardship Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock worth $415,000 after purchasing an additional 36 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 2.4%

SPDR Gold Shares stock opened at $325.59 on Wednesday. SPDR Gold Shares has a 1-year low of $228.52 and a 1-year high of $325.92. The firm has a market capitalization of $108.55 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The firm has a 50 day simple moving average of $309.11 and a 200 day simple moving average of $298.38.

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).