Crestwood Advisors Group LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 27.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,383 shares of the exchange traded fund’s stock after buying an additional 1,386 shares during the quarter. Crestwood Advisors Group LLC’s holdings in SPDR Gold Shares were worth $1,546,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the stock. Stifel Financial Corp increased its holdings 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 worth $199,924,000 after acquiring an additional 100,149 shares in the last quarter. State Street Corp boosted its position in shares of SPDR Gold Shares by 6.6% in the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after purchasing an additional 47,507 shares during the period. US Bancorp DE increased its stake in shares of SPDR Gold Shares by 0.5% in 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. Rockefeller Capital Management L.P. raised its position in shares of SPDR Gold Shares by 4.9% during the 3rd 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. Finally, Strategic Financial Concepts LLC lifted its stake in shares of SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after buying an additional 606,411 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.5 %
Shares of SPDR Gold Shares stock opened at $272.21 on Tuesday. SPDR Gold Shares has a fifty-two week low of $187.53 and a fifty-two week high of $272.32. The company has a fifty day moving average of $253.55 and a 200 day moving average of $245.84.
SPDR Gold Shares Company 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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