Massmutual Trust Co. FSB ADV raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Get Rating) by 7.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,386 shares of the exchange traded fund’s stock after acquiring an additional 95 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in SPDR Gold Shares were worth $235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of GLD. Kaizen Financial Strategies increased its holdings in shares of SPDR Gold Shares by 8.7% in the third quarter. Kaizen Financial Strategies now owns 8,556 shares of the exchange traded fund’s stock worth $1,323,000 after purchasing an additional 682 shares during the period. Summit Global Investments increased its stake in SPDR Gold Shares by 5.2% in the second quarter. Summit Global Investments now owns 4,673 shares of the exchange traded fund’s stock valued at $787,000 after acquiring an additional 230 shares during the last quarter. Muhlenkamp & Co. Inc. increased its stake in SPDR Gold Shares by 26.2% in the third quarter. Muhlenkamp & Co. Inc. now owns 18,485 shares of the exchange traded fund’s stock valued at $2,859,000 after acquiring an additional 3,840 shares during the last quarter. SVB Wealth LLC increased its stake in SPDR Gold Shares by 1.3% in the second quarter. SVB Wealth LLC now owns 39,059 shares of the exchange traded fund’s stock valued at $6,579,000 after acquiring an additional 503 shares during the last quarter. Finally, Oakworth Capital Inc. boosted its position in SPDR Gold Shares by 0.8% during the third quarter. Oakworth Capital Inc. now owns 61,765 shares of the exchange traded fund’s stock valued at $9,553,000 after buying an additional 466 shares during the period. Institutional investors own 37.94% of the company’s stock.
SPDR Gold Shares Stock Performance
NYSEARCA GLD opened at $183.77 on Friday. The company has a 50-day simple moving average of $174.78 and a two-hundred day simple moving average of $165.58. SPDR Gold Shares has a 12-month low of $150.57 and a 12-month high of $186.10.
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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