E Fund Management Co. Ltd. Buys 3,858 Shares of SPDR Gold Shares (NYSEARCA:GLD)

E Fund Management Co. Ltd. raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 37.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,286 shares of the exchange traded fund’s stock after acquiring an additional 3,858 shares during the quarter. E Fund Management Co. Ltd.’s holdings in SPDR Gold Shares were worth $3,072,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. TKG Advisors LLC raised its holdings in SPDR Gold Shares by 0.7% during 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 SPDR Gold Shares by 5.6% during 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 during the last quarter. Ndwm LLC bought a new position in SPDR Gold Shares during the 4th quarter worth approximately $546,000. St. Johns Investment Management Company LLC raised its holdings in SPDR Gold Shares by 5.7% during the 1st quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock worth $5,704,000 after purchasing an additional 1,492 shares during the last quarter. Finally, Bradley Foster & Sargent Inc. CT grew its position in shares of SPDR Gold Shares by 0.8% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 297,779 shares of the exchange traded fund’s stock worth $56,926,000 after buying an additional 2,335 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.6 %

Shares of GLD stock opened at $237.34 on Wednesday. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $239.28. The firm has a 50 day moving average of $227.88 and a 200-day moving average of $218.27.

SPDR Gold Shares 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).