SPDR Gold Shares (NYSEARCA:GLD) Stake Increased by Canton Hathaway LLC

Canton Hathaway LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,332 shares of the exchange traded fund’s stock after acquiring an additional 1,631 shares during the quarter. SPDR Gold Shares comprises approximately 2.4% of Canton Hathaway LLC’s portfolio, making the stock its 4th biggest holding. Canton Hathaway LLC’s holdings in SPDR Gold Shares were worth $9,524,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Strategic Financial Concepts LLC boosted its holdings in SPDR Gold Shares by 24,600.9% during 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 in the last quarter. Diversify Advisory Services LLC boosted its position 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 purchasing an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in 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 valued at $110,386,000 after buying an additional 146,271 shares during the last quarter. Banco Santander S.A. increased its position 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 purchasing an additional 114,151 shares in the last quarter. Finally, Stifel Financial Corp raised its stake in SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after purchasing an additional 100,149 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.5 %

SPDR Gold Shares stock opened at $272.21 on Tuesday. SPDR Gold Shares has a 12-month low of $187.53 and a 12-month high of $272.32. The firm’s 50-day moving average is $253.55 and its two-hundred day moving average is $245.84.

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).