Trust Co. of Toledo NA OH raised its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 7.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,618 shares of the exchange traded fund’s stock after buying an additional 585 shares during the period. Trust Co. of Toledo NA OH’s holdings in SPDR Gold Shares were worth $2,087,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. International Assets Investment Management LLC increased its stake in shares of SPDR Gold Shares by 21,571.1% during 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. Cerity Partners OCIO LLC purchased a new stake in SPDR Gold Shares in the 2nd quarter valued at about $78,434,000. AlTi Global Inc. increased its stake in shares of SPDR Gold Shares by 145.0% during the 2nd 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 during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after acquiring an additional 146,271 shares during the period. Finally, Banco Santander S.A. boosted its position 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 worth $39,065,000 after acquiring an additional 114,151 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Down 1.0 %
Shares of NYSEARCA:GLD traded down $2.60 during trading on Monday, reaching $245.61. 2,789,085 shares of the stock were exchanged, compared to its average volume of 5,864,946. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The firm’s 50-day moving average price is $244.01 and its 200 day moving average price is $237.37.
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).
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