Aspect Partners LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 396.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,520 shares of the exchange traded fund’s stock after acquiring an additional 38,740 shares during the period. SPDR Gold Shares makes up approximately 6.6% of Aspect Partners LLC’s investment portfolio, making the stock its 3rd largest holding. Aspect Partners LLC’s holdings in SPDR Gold Shares were worth $11,793,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. City Holding Co. lifted its position in SPDR Gold Shares by 5.6% in the 1st quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock valued at $763,000 after acquiring an additional 195 shares in the last quarter. St. Johns Investment Management Company LLC boosted its position in SPDR Gold Shares by 5.7% during the 1st quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock worth $5,704,000 after acquiring an additional 1,492 shares during the last quarter. Traynor Capital Management Inc. grew its stake in shares of SPDR Gold Shares by 19.9% during the 1st quarter. Traynor Capital Management Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $354,000 after acquiring an additional 285 shares in the last quarter. Scarborough Advisors LLC raised its holdings in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Scarborough Advisors LLC now owns 26,197 shares of the exchange traded fund’s stock valued at $5,008,000 after purchasing an additional 180 shares during the last quarter. Finally, Trust Co. of Toledo NA OH lifted its position in shares of SPDR Gold Shares by 17.4% in the first quarter. Trust Co. of Toledo NA OH now owns 4,830 shares of the exchange traded fund’s stock worth $994,000 after purchasing an additional 715 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Trading Up 0.5 %
NYSEARCA:GLD traded up $1.14 on Tuesday, hitting $246.21. 3,969,698 shares of the company’s stock were exchanged, compared to its average volume of 6,987,057. SPDR Gold Shares has a 52 week low of $177.54 and a 52 week high of $247.37. The firm has a 50-day moving average price of $235.65 and a 200-day moving average price of $224.02.
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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