PSI Advisors LLC Boosts Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

PSI Advisors LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 48.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 465 shares of the exchange traded fund’s stock after acquiring an additional 151 shares during the quarter. PSI Advisors LLC’s holdings in SPDR Gold Shares were worth $113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. International Assets Investment Management LLC grew its position 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 last quarter. Cerity Partners OCIO LLC acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter worth $78,434,000. AlTi Global Inc. boosted its holdings in shares of SPDR Gold Shares by 145.0% in the second quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock valued at $72,212,000 after acquiring an additional 198,823 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of SPDR Gold Shares by 47.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after acquiring an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. increased its stake in shares of SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after acquiring an additional 114,151 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $245.74 on Tuesday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The company has a 50-day moving average price of $243.87 and a 200 day moving average price of $237.59.

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).