Brandywine Oak Private Wealth LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 7.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,172 shares of the exchange traded fund’s stock after selling 416 shares during the quarter. Brandywine Oak Private Wealth LLC’s holdings in SPDR Gold Shares were worth $1,252,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in 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 buying an additional 3,010,682 shares during the period. Stifel Financial Corp increased its stake in shares of 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 valued at $199,924,000 after purchasing an additional 100,149 shares during the period. State Street Corp raised its holdings in shares of SPDR Gold Shares by 6.6% during 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 during the last quarter. US Bancorp DE boosted its position in shares of SPDR Gold Shares by 0.5% during the third quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after buying an additional 3,614 shares during the period. Finally, Rockefeller Capital Management L.P. grew its holdings in SPDR Gold Shares by 4.9% in 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 buying an additional 30,952 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
NYSEARCA:GLD opened at $264.13 on Thursday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $265.99. The business has a fifty day moving average of $247.12 and a 200-day moving average of $241.33.
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).
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