Quent Capital LLC Acquires 409 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Quent Capital LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,682 shares of the exchange traded fund’s stock after buying an additional 409 shares during the period. Quent Capital LLC’s holdings in SPDR Gold Shares were worth $4,281,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in GLD. International Assets Investment Management LLC lifted its position in shares of SPDR Gold Shares by 21,571.1% during 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 acquiring an additional 3,010,682 shares during the period. Strategic Financial Concepts LLC lifted its position in SPDR Gold Shares by 24,600.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares during the period. Diversify Advisory Services LLC grew its stake in SPDR Gold Shares by 446.0% during the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after buying an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in SPDR Gold Shares by 47.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after buying an additional 146,271 shares during the period. Finally, Banco Santander S.A. increased its holdings in SPDR Gold Shares by 245.1% in the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after buying an additional 114,151 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Down 0.4 %

Shares of SPDR Gold Shares stock opened at $267.39 on Wednesday. The company has a 50 day moving average of $248.80 and a 200-day moving average of $242.56. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $268.66.

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).