Banco Santander S.A. Boosts Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Banco Santander S.A. grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 46,570 shares of the exchange traded fund’s stock after buying an additional 748 shares during the period. Banco Santander S.A.’s holdings in SPDR Gold Shares were worth $10,013,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Arkadios Wealth Advisors raised its position in shares of SPDR Gold Shares by 49.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 14,323 shares of the exchange traded fund’s stock valued at $3,080,000 after purchasing an additional 4,766 shares in the last quarter. OmniStar Financial Group Inc. raised its holdings in SPDR Gold Shares by 3.7% in the second quarter. OmniStar Financial Group Inc. now owns 43,556 shares of the exchange traded fund’s stock valued at $9,365,000 after acquiring an additional 1,539 shares in the last quarter. Encompass More Asset Management bought a new position in SPDR Gold Shares during the 2nd quarter valued at $693,000. Strategic Blueprint LLC grew its holdings in SPDR Gold Shares by 6.0% during the 2nd quarter. Strategic Blueprint LLC now owns 25,326 shares of the exchange traded fund’s stock worth $5,445,000 after acquiring an additional 1,437 shares in the last quarter. Finally, Zimmermann Investment Management & Planning LLC increased its position in shares of SPDR Gold Shares by 9.7% in the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 3,511 shares of the exchange traded fund’s stock worth $755,000 after purchasing an additional 309 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD stock traded up $1.19 during trading hours on Thursday, hitting $232.94. 5,522,565 shares of the company were exchanged, compared to its average volume of 7,131,179. SPDR Gold Shares has a one year low of $168.30 and a one year high of $234.01. The business’s 50-day simple moving average is $223.16 and its two-hundred day simple moving average is $213.57.

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).