Grant GrossMendelsohn LLC Buys 1,063 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Grant GrossMendelsohn LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,367 shares of the exchange traded fund’s stock after buying an additional 1,063 shares during the quarter. SPDR Gold Shares comprises 6.1% of Grant GrossMendelsohn LLC’s holdings, making the stock its 2nd biggest position. Grant GrossMendelsohn LLC’s holdings in SPDR Gold Shares were worth $11,711,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. International Assets Investment Management LLC boosted its position 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 valued at $735,169,000 after purchasing an additional 3,010,682 shares in the last quarter. Stifel Financial Corp grew its position in SPDR Gold Shares by 13.9% in the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after buying an additional 100,149 shares during the last quarter. State Street Corp increased its holdings in shares of SPDR Gold Shares by 6.6% in the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after buying an additional 47,507 shares in the last quarter. US Bancorp DE lifted its position in shares of SPDR Gold Shares by 0.5% during the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after acquiring an additional 3,614 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of SPDR Gold Shares by 4.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after acquiring an additional 30,952 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

GLD stock opened at $249.27 on Friday. The company’s 50 day simple moving average is $243.82 and its 200-day simple moving average is $237.98. SPDR Gold Shares has a 52-week low of $183.78 and a 52-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).