Franklin Resources Inc. Has $25.67 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Franklin Resources Inc. grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 5.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 104,751 shares of the exchange traded fund’s stock after purchasing an additional 5,579 shares during the period. Franklin Resources Inc.’s holdings in SPDR Gold Shares were worth $25,671,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Obermeyer Wood Investment Counsel Lllp grew its stake in SPDR Gold Shares by 4.4% in the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after purchasing an additional 490 shares in the last quarter. RDA Financial Network grew its stake in shares of SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 88 shares in the last quarter. Oxler Private Wealth LLC increased its holdings in SPDR Gold Shares by 48.9% during the second quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after buying an additional 8,021 shares during the last quarter. Blue Fin Capital Inc. raised its position in SPDR Gold Shares by 1.1% during the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock worth $8,004,000 after acquiring an additional 388 shares in the last quarter. Finally, Centaurus Financial Inc. lifted its stake in SPDR Gold Shares by 10.1% in the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock valued at $8,514,000 after acquiring an additional 3,630 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $239.60 on Friday. The company’s 50-day moving average is $246.54 and its 200-day moving average is $233.95. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).