Howland Capital Management LLC Has $4.57 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Howland Capital Management LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,236 shares of the exchange traded fund’s stock after buying an additional 101 shares during the quarter. Howland Capital Management LLC’s holdings in SPDR Gold Shares were worth $4,574,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Scarborough Advisors LLC raised its stake in shares of SPDR Gold Shares by 10,133.3% in the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after purchasing an additional 2,636,376 shares in the last quarter. International Assets Investment Management LLC grew its position in SPDR Gold Shares by 19,989.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after acquiring an additional 2,424,904 shares during the period. Euclidean Capital LLC grew its position in SPDR Gold Shares by 91.4% in the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after acquiring an additional 507,500 shares during the period. Commonwealth Equity Services LLC grew its position in SPDR Gold Shares by 4.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock valued at $201,659,000 after acquiring an additional 47,681 shares during the period. Finally, Raymond James & Associates grew its position in SPDR Gold Shares by 2.8% in the first quarter. Raymond James & Associates now owns 868,088 shares of the exchange traded fund’s stock valued at $178,583,000 after acquiring an additional 23,468 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD traded up $3.89 during trading hours on Thursday, reaching $223.25. The company had a trading volume of 9,180,469 shares, compared to its average volume of 7,235,275. The stock has a 50-day moving average of $216.69 and a two-hundred day moving average of $204.47. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.66.

About SPDR Gold Shares

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).