Coastline Trust Co Purchases New Stake in SPDR Gold Shares (NYSEARCA:GLD)

Coastline Trust Co purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 230 shares of the exchange traded fund’s stock, valued at approximately $56,000.

A number of other large investors have also recently made changes to their positions in GLD. International Assets Investment Management LLC boosted 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 worth $735,169,000 after acquiring an additional 3,010,682 shares during the last quarter. Toronto Dominion Bank grew its position in SPDR Gold Shares by 23.6% in the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after purchasing an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust purchased a new stake in SPDR Gold Shares in the 2nd quarter valued at about $157,187,000. Cetera Investment Advisers lifted its position in shares of 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 worth $144,501,000 after buying an additional 577,210 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in shares of 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 worth $1,184,000 after buying an additional 544,807 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 0.2 %

Shares of GLD opened at $236.59 on Friday. The stock has a 50 day moving average of $244.95 and a 200 day moving average of $229.53. SPDR Gold Shares has a 12 month low of $182.23 and a 12 month high of $257.71.

SPDR Gold Shares 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).