Grandview Asset Management LLC Increases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Grandview Asset Management LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 11.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,477 shares of the exchange traded fund’s stock after purchasing an additional 459 shares during the period. Grandview Asset Management LLC’s holdings in SPDR Gold Shares were worth $1,084,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GLD. International Assets Investment Management LLC increased its stake in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the period. Stifel Financial Corp boosted its holdings in shares of SPDR Gold Shares by 13.9% in the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after acquiring an additional 100,149 shares in the last quarter. State Street Corp increased its stake in shares of SPDR Gold Shares by 6.6% during the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after acquiring an additional 47,507 shares during the period. US Bancorp DE raised its holdings in SPDR Gold Shares by 0.5% during the third quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after purchasing an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after purchasing an additional 30,952 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.0 %

Shares of GLD opened at $245.74 on Tuesday. The stock’s 50 day moving average is $243.87 and its two-hundred day moving average is $237.59. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.

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).