Sapient Capital LLC Buys 1,938 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Sapient Capital LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 117,089 shares of the exchange traded fund’s stock after acquiring an additional 1,938 shares during the period. Sapient Capital LLC’s holdings in SPDR Gold Shares were worth $28,351,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in shares of SPDR Gold Shares by 21,571.1% during the third 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 acquiring an additional 3,010,682 shares during the period. Strategic Financial Concepts LLC increased its position in shares of SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares in the last quarter. Diversify Advisory Services LLC increased its position in shares of SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after purchasing an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after purchasing an additional 146,271 shares during the last quarter. Finally, Banco Santander S.A. boosted its position in SPDR Gold Shares by 245.1% in the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after buying an additional 114,151 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.7 %

NYSEARCA GLD opened at $268.37 on Tuesday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $268.66. The company has a 50 day moving average of $248.30 and a 200-day moving average of $242.21.

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).