SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 446.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 239,355 shares of the exchange traded fund’s stock after purchasing an additional 195,520 shares during the quarter. SPDR Gold Shares comprises 3.3% of Diversify Advisory Services LLC’s portfolio, making the stock its 6th biggest holding. Diversify Advisory Services LLC owned approximately 0.08% of SPDR Gold Shares worth $59,410,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. International Assets Investment Management LLC increased its position in SPDR Gold Shares by 21,571.1% in 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 buying an additional 3,010,682 shares during the period. Cerity Partners OCIO LLC bought a new stake in shares of SPDR Gold Shares in the second quarter valued at about $78,434,000. AlTi Global Inc. increased its stake in SPDR Gold Shares by 145.0% during the second quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock valued at $72,212,000 after acquiring an additional 198,823 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after purchasing an additional 146,271 shares during the period. Finally, Banco Santander S.A. increased its holdings in SPDR Gold Shares by 245.1% in the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after buying an additional 114,151 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $249.27 on Monday. The firm has a fifty day moving average of $243.85 and a 200-day moving average of $238.37. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71.

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).