Rockefeller Capital Management L.P. boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.9% during the third quarter, Holdings Channel.com reports. The fund owned 665,498 shares of the exchange traded fund’s stock after acquiring an additional 30,952 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in SPDR Gold Shares were worth $161,670,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC raised 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 valued at $735,169,000 after purchasing an additional 3,010,682 shares during the period. Envestnet Asset Management Inc. raised its position in shares of SPDR Gold Shares by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after buying an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of SPDR Gold Shares by 7.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after buying an additional 70,290 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after acquiring an additional 54,974 shares during the last quarter. Finally, Arizona PSPRS Trust purchased a new position in SPDR Gold Shares during the second quarter valued at $157,187,000. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Price Performance
GLD opened at $243.49 on Friday. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71. The firm has a 50-day simple moving average of $246.46 and a two-hundred day simple moving average of $231.27.
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).
Featured Articles
- Five stocks we like better than SPDR Gold Shares
- Which Wall Street Analysts are the Most Accurate?
- Zeta Global Holdings Insiders Buy Stock After Short-Report
- P/E Ratio Calculation: How to Assess Stocks
- 3 Stocks That Never Lived Up to the Hype
- Best Stocks Under $10.00
- 3 Stocks to Ride the Manufacturing Sector’s Big Comeback
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.