Chesley Taft & Associates LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 108,317 shares of the exchange traded fund’s stock after buying an additional 2,759 shares during the quarter. SPDR Gold Shares comprises about 1.2% of Chesley Taft & Associates LLC’s investment portfolio, making the stock its 25th largest holding. Chesley Taft & Associates LLC’s holdings in SPDR Gold Shares were worth $26,227,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in SPDR Gold Shares by 21,571.1% in the third 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 purchasing an additional 3,010,682 shares during the period. Stifel Financial Corp raised its position in SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after purchasing an additional 100,149 shares in the last quarter. State Street Corp boosted its stake in shares of SPDR Gold Shares by 6.6% in the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after buying an additional 47,507 shares during the period. US Bancorp DE grew its position in shares of 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 buying an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in shares of SPDR Gold Shares by 4.9% during the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after buying 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 Trading Down 0.5 %
NYSEARCA GLD opened at $249.27 on Tuesday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The firm has a 50 day moving average of $243.99 and a two-hundred day moving average of $238.73.
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).
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