Confluence Wealth Services Inc. Boosts Stake in SPDR Gold Shares (NYSEARCA:GLD)

Confluence Wealth Services Inc. boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,378 shares of the exchange traded fund’s stock after buying an additional 127 shares during the period. Confluence Wealth Services Inc.’s holdings in SPDR Gold Shares were worth $3,907,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in SPDR Gold Shares by 21,571.1% during the 3rd 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 period. Diversify Advisory Services LLC raised its holdings in shares of SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after buying an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after buying an additional 146,271 shares during the period. Banco Santander S.A. grew its holdings 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 buying an additional 114,151 shares during the last quarter. Finally, JTC Employer Solutions Trustee Ltd grew its holdings in shares of SPDR Gold Shares by 1,565.3% during the third quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock worth $27,979,000 after buying an additional 108,194 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0 %

GLD opened at $262.50 on Wednesday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $262.54. The business has a 50 day moving average price of $247.12 and a two-hundred day moving average price of $241.33.

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).