Strategic Investment Management LLC Raises Stake in SPDR Gold Shares (NYSEARCA:GLD)

Strategic Investment Management LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 55.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,220 shares of the exchange traded fund’s stock after buying an additional 16,430 shares during the quarter. SPDR Gold Shares accounts for 3.9% of Strategic Investment Management LLC’s portfolio, making the stock its 9th largest position. Strategic Investment Management LLC’s holdings in SPDR Gold Shares were worth $11,191,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its position in SPDR Gold Shares by 21,571.1% during the third 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 purchasing an additional 3,010,682 shares during the period. Stifel Financial Corp raised its stake in SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after buying an additional 100,149 shares during the last quarter. State Street Corp lifted its holdings in shares of 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 valued at $185,774,000 after buying an additional 47,507 shares during the period. US Bancorp DE boosted its stake in shares of SPDR Gold Shares by 0.5% in the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after buying an additional 3,614 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after acquiring an additional 30,952 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.6 %

NYSEARCA GLD opened at $255.65 on Friday. The company has a 50-day moving average price of $245.31 and a 200-day moving average price of $239.43. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).