StoneX Group Inc. Raises Position in SPDR Gold Shares (NYSEARCA:GLD)

StoneX Group Inc. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 42.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,296 shares of the exchange traded fund’s stock after purchasing an additional 5,145 shares during the quarter. StoneX Group Inc.’s holdings in SPDR Gold Shares were worth $4,204,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. International Assets Investment Management LLC increased its position in 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 acquiring an additional 3,010,682 shares during the last quarter. Arizona PSPRS Trust purchased a new position in SPDR Gold Shares during the 2nd quarter valued at $157,187,000. Cetera Investment Advisers boosted its holdings in SPDR Gold Shares by 461.0% during the 1st quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after acquiring an additional 577,210 shares during the period. Strategic Financial Concepts LLC grew its position in SPDR Gold Shares by 9,654.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after acquiring an additional 544,807 shares during the last quarter. Finally, Granite Bay Wealth Management LLC increased its stake in SPDR Gold Shares by 25,320.8% in the second quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock worth $111,854,000 after purchasing an additional 514,519 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD opened at $249.84 on Friday. SPDR Gold Shares has a 12-month low of $183.15 and a 12-month high of $257.71. The firm has a fifty day moving average price of $246.03 and a 200-day moving average price of $230.62.

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).