SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Ridgewood Investments LLC

Ridgewood Investments LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 974 shares of the exchange traded fund’s stock after purchasing an additional 139 shares during the period. Ridgewood Investments LLC’s holdings in SPDR Gold Shares were worth $236,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in GLD. International Assets Investment Management LLC lifted its stake in SPDR Gold Shares by 21,571.1% during the third 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. Cerity Partners OCIO LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at $78,434,000. AlTi Global Inc. raised its stake in shares of SPDR Gold Shares by 145.0% in the second quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock valued at $72,212,000 after acquiring an additional 198,823 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised 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 valued at $110,386,000 after acquiring an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. raised its stake in shares of SPDR Gold Shares by 245.1% in 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 acquiring an additional 114,151 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.2 %

Shares of NYSEARCA GLD traded up $3.04 during mid-day trading on Friday, hitting $248.90. The company had a trading volume of 6,770,860 shares, compared to its average volume of 5,422,837. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The business’s 50-day simple moving average is $244.10 and its 200 day simple moving average is $236.81.

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).