Kingsview Wealth Management LLC Grows Stake in SPDR Gold Shares (NYSEARCA:GLD)

Kingsview Wealth Management LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,838 shares of the exchange traded fund’s stock after purchasing an additional 400 shares during the period. Kingsview Wealth Management LLC’s holdings in SPDR Gold Shares were worth $9,404,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 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 buying an additional 3,010,682 shares in the last quarter. Stifel Financial Corp lifted its stake in SPDR Gold Shares by 13.9% in 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 boosted its holdings in shares of SPDR Gold Shares by 6.6% during 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 grew 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 valued at $168,112,000 after purchasing an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of SPDR Gold Shares by 4.9% in 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 purchasing an additional 30,952 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.2 %

NYSEARCA:GLD opened at $263.90 on Friday. The business’s 50-day moving average is $247.93 and its 200 day moving average is $241.64. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $266.35.

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).