Levin Capital Strategies L.P. Buys 1,228 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Levin Capital Strategies L.P. grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 49,473 shares of the exchange traded fund’s stock after acquiring an additional 1,228 shares during the quarter. Levin Capital Strategies L.P.’s holdings in SPDR Gold Shares were worth $11,979,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Proficio Capital Partners LLC raised its holdings in shares of SPDR Gold Shares by 24,245.2% during the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after buying an additional 60,504,152 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after buying an additional 100,149 shares in the last quarter. State Street Corp raised its holdings in shares of SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after buying an additional 47,507 shares in the last quarter. US Bancorp DE raised its holdings in shares of SPDR Gold Shares by 0.5% during the 4th quarter. US Bancorp DE now owns 695,118 shares of the exchange traded fund’s stock worth $168,309,000 after buying an additional 3,470 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of SPDR Gold Shares by 4.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after buying an additional 30,952 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $263.27 on Friday. SPDR Gold Shares has a 52 week low of $189.23 and a 52 week high of $272.32. The stock has a market capitalization of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20. The stock has a fifty day moving average of $255.57 and a 200-day moving average of $246.81.

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).