Sentinel Trust Co. LBA acquired a new position in shares of SPDR Gold Trust (NYSEARCA:GLD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,735 shares of the exchange traded fund’s stock, valued at approximately $709,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. raised its holdings in SPDR Gold Trust by 28.7% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 306,764 shares of the exchange traded fund’s stock valued at $37,296,000 after acquiring an additional 68,355 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new stake in shares of SPDR Gold Trust during the third quarter worth $567,000. Sei Investments Co. raised its holdings in shares of SPDR Gold Trust by 50.2% during the third quarter. Sei Investments Co. now owns 11,326 shares of the exchange traded fund’s stock worth $1,377,000 after purchasing an additional 3,786 shares during the period. Toronto Dominion Bank raised its holdings in shares of SPDR Gold Trust by 16.9% during the third quarter. Toronto Dominion Bank now owns 38,976 shares of the exchange traded fund’s stock worth $4,742,000 after purchasing an additional 5,628 shares during the period. Finally, Comerica Bank raised its holdings in shares of SPDR Gold Trust by 1.9% during the third quarter. Comerica Bank now owns 54,011 shares of the exchange traded fund’s stock worth $6,542,000 after purchasing an additional 1,009 shares during the period.
Shares of SPDR Gold Trust stock traded up $0.59 during trading on Friday, hitting $126.39. 6,121,225 shares of the stock were exchanged, compared to its average volume of 8,197,374. SPDR Gold Trust has a 12 month low of $114.80 and a 12 month high of $129.51.
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SPDR Gold Trust 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).
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