OMC Financial Services LTD Has $10.02 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

OMC Financial Services LTD boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,377 shares of the exchange traded fund’s stock after acquiring an additional 4,028 shares during the quarter. SPDR Gold Shares comprises about 4.3% of OMC Financial Services LTD’s investment portfolio, making the stock its 6th biggest position. OMC Financial Services LTD’s holdings in SPDR Gold Shares were worth $10,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its stake in SPDR Gold Shares by 21,571.1% in 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 during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of SPDR Gold Shares by 24,600.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after buying an additional 606,411 shares during the period. Diversify Advisory Services LLC raised its holdings in shares of SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after buying an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake 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 last quarter. Finally, Banco Santander S.A. boosted its holdings 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 valued at $39,065,000 after acquiring an additional 114,151 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.2 %

GLD stock opened at $263.90 on Monday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $266.35. The business’s fifty day simple moving average is $248.30 and its two-hundred day simple moving average is $242.07.

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).