LVM Capital Management Ltd. MI Purchases 200 Shares of SPDR Gold Shares (NYSEARCA:GLD)

LVM Capital Management Ltd. MI grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,325 shares of the exchange traded fund’s stock after acquiring an additional 200 shares during the period. LVM Capital Management Ltd. MI’s holdings in SPDR Gold Shares were worth $1,531,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC grew its holdings 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 buying an additional 3,010,682 shares in the last quarter. Cerity Partners OCIO LLC bought a new stake in SPDR Gold Shares in the 2nd quarter valued at $78,434,000. AlTi Global Inc. increased its holdings in SPDR Gold Shares by 145.0% in the 2nd quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock valued at $72,212,000 after acquiring an additional 198,823 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in SPDR Gold Shares by 47.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after purchasing an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. boosted its holdings in shares of SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after purchasing an additional 114,151 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.9 %

Shares of GLD stock traded up $2.22 during trading hours on Friday, hitting $248.08. The stock had a trading volume of 9,277,613 shares, compared to its average volume of 5,787,242. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71. The stock’s 50-day moving average price is $244.10 and its two-hundred day moving average price is $236.81.

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).