SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Banque Pictet & Cie SA

Banque Pictet & Cie SA grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 40.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,077 shares of the exchange traded fund’s stock after buying an additional 7,239 shares during the quarter. Banque Pictet & Cie SA’s holdings in SPDR Gold Shares were worth $5,372,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in GLD. Raymond James & Associates grew its holdings in SPDR Gold Shares by 2.8% during the first quarter. Raymond James & Associates now owns 868,088 shares of the exchange traded fund’s stock worth $178,583,000 after acquiring an additional 23,468 shares during the period. Evexia Wealth LLC boosted its position in shares of SPDR Gold Shares by 36.6% during the 4th quarter. Evexia Wealth LLC now owns 4,672 shares of the exchange traded fund’s stock valued at $881,000 after purchasing an additional 1,253 shares in the last quarter. TKG Advisors LLC grew its stake in shares of SPDR Gold Shares by 0.7% in the 4th quarter. TKG Advisors LLC now owns 15,224 shares of the exchange traded fund’s stock worth $2,910,000 after purchasing an additional 110 shares during the last quarter. City Holding Co. raised its holdings in shares of SPDR Gold Shares by 5.6% in the 1st quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 195 shares in the last quarter. Finally, Ndwm LLC acquired a new stake in SPDR Gold Shares during the fourth quarter valued at approximately $546,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $232.02 on Friday. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $234.01. The company has a 50 day moving average price of $222.11 and a 200 day moving average price of $212.64.

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).