Bayshore Asset Management LLC Has $2.47 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Bayshore Asset Management LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,219 shares of the exchange traded fund’s stock after buying an additional 186 shares during the period. SPDR Gold Shares comprises 1.1% of Bayshore Asset Management LLC’s portfolio, making the stock its 17th biggest position. Bayshore Asset Management LLC’s holdings in SPDR Gold Shares were worth $2,474,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC increased its holdings in 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. Cerity Partners OCIO LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at $78,434,000. AlTi Global Inc. raised its holdings in shares of SPDR Gold Shares by 145.0% in the second quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock valued at $72,212,000 after buying an additional 198,823 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position 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 worth $110,386,000 after buying an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. grew its holdings 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 acquiring an additional 114,151 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $249.27 on Monday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The firm has a 50-day moving average price of $243.85 and a two-hundred day moving average price of $238.37.

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).