SPDR Gold Shares $GLD Shares Purchased by Banco Santander S.A.

Banco Santander S.A. raised its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 20.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 322,778 shares of the exchange traded fund’s stock after acquiring an additional 55,885 shares during the quarter. SPDR Gold Shares makes up approximately 1.0% of Banco Santander S.A.’s portfolio, making the stock its 16th biggest position. Banco Santander S.A. owned 0.09% of SPDR Gold Shares worth $114,738,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Lansing Street Advisors purchased a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $1,802,000. Integrated Advisors Network LLC boosted its position in SPDR Gold Shares by 18.5% in the 3rd quarter. Integrated Advisors Network LLC now owns 43,055 shares of the exchange traded fund’s stock valued at $15,305,000 after buying an additional 6,731 shares during the period. Hohimer Wealth Management LLC grew its stake in shares of SPDR Gold Shares by 19.2% in the third quarter. Hohimer Wealth Management LLC now owns 2,571 shares of the exchange traded fund’s stock worth $914,000 after acquiring an additional 414 shares in the last quarter. Clifford Swan Investment Counsel LLC increased its position in shares of SPDR Gold Shares by 1.7% during the third quarter. Clifford Swan Investment Counsel LLC now owns 77,769 shares of the exchange traded fund’s stock worth $27,645,000 after acquiring an additional 1,317 shares during the period. Finally, Mesirow Financial Investment Management Inc. increased its position in shares of SPDR Gold Shares by 1.0% during the third quarter. Mesirow Financial Investment Management Inc. now owns 214,398 shares of the exchange traded fund’s stock worth $76,211,000 after acquiring an additional 2,138 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

Key SPDR Gold Shares News

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SPDR Gold Shares Trading Up 0.9%

NYSEARCA:GLD opened at $477.48 on Friday. SPDR Gold Shares has a 12-month low of $261.25 and a 12-month high of $509.70. The firm has a market cap of $181.49 billion, a PE ratio of -32.43 and a beta of 0.09. The stock has a fifty day moving average price of $439.15 and a 200 day moving average price of $386.21.

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

See Also

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

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