1832 Asset Management L.P. Grows Holdings in SPDR Gold Shares (NYSEARCA:GLD)

1832 Asset Management L.P. grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,115 shares of the exchange traded fund’s stock after purchasing an additional 80 shares during the quarter. 1832 Asset Management L.P.’s holdings in SPDR Gold Shares were worth $1,100,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in GLD. Scarborough Advisors LLC grew its position in shares of SPDR Gold Shares by 10,133.3% during the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after buying an additional 2,636,376 shares in the last quarter. Toronto Dominion Bank grew its holdings in SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after acquiring an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust purchased a new position in SPDR Gold Shares during the 2nd quarter valued at about $157,187,000. Global Assets Advisory LLC bought a new stake in shares of SPDR Gold Shares in the 1st quarter valued at about $144,269,000. Finally, GLOBALT Investments LLC GA purchased a new stake in shares of SPDR Gold Shares in the 4th quarter worth approximately $124,066,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $247.00 on Friday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $247.37. The company’s 50 day moving average is $230.01 and its 200 day moving average is $219.95.

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).