Avior Wealth Management LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 18.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,113 shares of the exchange traded fund’s stock after acquiring an additional 2,053 shares during the quarter. Avior Wealth Management LLC’s holdings in SPDR Gold Shares were worth $3,175,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently modified their holdings of GLD. International Assets Investment Management LLC grew its holdings 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 during the period. Diversify Advisory Services LLC boosted its stake in SPDR Gold Shares by 446.0% during 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. raised its stake in shares of SPDR Gold Shares by 47.5% in the 3rd 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 during the period. Banco Santander S.A. raised its stake in shares of SPDR Gold Shares by 245.1% in 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. Finally, JTC Employer Solutions Trustee Ltd boosted its position in shares of SPDR Gold Shares by 1,565.3% during the 3rd quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock worth $27,979,000 after purchasing an additional 108,194 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Down 0.1 %
SPDR Gold Shares stock opened at $254.07 on Friday. The firm has a 50 day moving average price of $244.59 and a 200 day moving average price of $239.07. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week 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).
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