Compton Financial Group LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,311 shares of the exchange traded fund’s stock after acquiring an additional 1,576 shares during the period. SPDR Gold Shares comprises 2.8% of Compton Financial Group LLC’s holdings, making the stock its 10th largest holding. Compton Financial Group LLC’s holdings in SPDR Gold Shares were worth $9,276,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in GLD. International Assets Investment Management LLC lifted its holdings in shares of SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares during the last quarter. Stifel Financial Corp increased its position in SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares in the last quarter. State Street Corp lifted its stake in SPDR Gold Shares by 6.6% in the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after purchasing an additional 47,507 shares during the last quarter. US Bancorp DE boosted its position in SPDR Gold Shares by 0.5% in the third quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after buying an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in shares of SPDR Gold Shares by 4.9% during the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after buying an additional 30,952 shares during the last quarter. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Trading Down 1.5 %
Shares of GLD opened at $266.29 on Friday. SPDR Gold Shares has a 52 week low of $184.84 and a 52 week high of $270.39. The stock has a fifty day moving average of $250.74 and a 200-day moving average of $243.57.
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).
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