Sugar Maple Asset Management LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,796 shares of the exchange traded fund’s stock after purchasing an additional 1,581 shares during the quarter. SPDR Gold Shares comprises about 7.3% of Sugar Maple Asset Management LLC’s portfolio, making the stock its 3rd largest holding. Sugar Maple Asset Management LLC’s holdings in SPDR Gold Shares were worth $9,636,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC raised its stake in shares of 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 worth $735,169,000 after purchasing an additional 3,010,682 shares during the last quarter. 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 buying an additional 100,149 shares during the period. State Street Corp raised its position in SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after buying an additional 47,507 shares during the last quarter. US Bancorp DE lifted its stake in SPDR Gold Shares by 0.5% during the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after acquiring an additional 3,614 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of SPDR Gold Shares by 4.9% in 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 acquiring an additional 30,952 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Performance
NYSEARCA GLD opened at $249.27 on Tuesday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The company has a fifty day moving average of $243.85 and a 200 day moving average of $238.51.
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).
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