Truist Financial Corp Acquires 22,095 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Truist Financial Corp boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 5.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 442,987 shares of the exchange traded fund’s stock after acquiring an additional 22,095 shares during the period. Truist Financial Corp owned 0.15% of SPDR Gold Shares worth $95,247,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GLD. Toronto Dominion Bank increased its holdings in SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after purchasing an additional 1,079,452 shares during the last quarter. Scarborough Advisors LLC increased its stake in shares of SPDR Gold Shares by 10,133.3% in the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after acquiring an additional 2,636,376 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after acquiring an additional 28,683 shares during the period. Commonwealth Equity Services LLC boosted its stake in SPDR Gold Shares by 7.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after acquiring an additional 70,290 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after purchasing an additional 54,974 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.1 %

Shares of NYSEARCA:GLD opened at $245.63 on Wednesday. The company has a 50 day moving average price of $231.79 and a two-hundred day moving average price of $221.34. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $247.37.

About SPDR Gold Shares

(Free Report)

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).

Featured Stories

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.