Ellenbecker Investment Group Purchases 254 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Ellenbecker Investment Group lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,121 shares of the exchange traded fund’s stock after buying an additional 254 shares during the quarter. Ellenbecker Investment Group’s holdings in SPDR Gold Shares were worth $271,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GLD. International Assets Investment Management LLC raised its stake in SPDR Gold Shares by 21,571.1% in 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 acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $78,434,000. AlTi Global Inc. boosted 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 buying an additional 198,823 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after buying an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. increased its stake in SPDR Gold Shares by 245.1% during the 3rd 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 period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.0 %

NYSEARCA:GLD opened at $245.74 on Tuesday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The stock has a fifty day moving average price of $243.87 and a 200-day moving average price of $237.59.

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).