Atlantic Union Bankshares Corp Sells 1,865 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Atlantic Union Bankshares Corp lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,967 shares of the exchange traded fund’s stock after selling 1,865 shares during the quarter. SPDR Gold Shares makes up 0.9% of Atlantic Union Bankshares Corp’s portfolio, making the stock its 24th biggest holding. Atlantic Union Bankshares Corp’s holdings in SPDR Gold Shares were worth $16,034,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its position in shares of 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 valued at $735,169,000 after buying an additional 3,010,682 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after purchasing an additional 28,683 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of SPDR Gold Shares by 7.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after purchasing an additional 70,290 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after purchasing an additional 54,974 shares in the last quarter. Finally, Arizona PSPRS Trust bought a new stake in shares of SPDR Gold Shares in the second quarter worth about $157,187,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

NYSEARCA:GLD opened at $243.49 on Friday. The business’s 50-day moving average is $246.46 and its 200 day moving average is $231.27. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month high of $257.71.

About SPDR Gold Shares

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).