GFS Advisors LLC Has $10.74 Million Stake in SPDR Gold Shares (GLD)

GFS Advisors LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 46.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 95,281 shares of the exchange traded fund’s stock after purchasing an additional 30,169 shares during the period. SPDR Gold Shares accounts for 2.0% of GFS Advisors LLC’s holdings, making the stock its 14th biggest position. GFS Advisors LLC’s holdings in SPDR Gold Shares were worth $10,744,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Ruffer LLP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $350,000. Hudson Capital Management LLC raised its stake in SPDR Gold Shares by 5.3% in the 3rd quarter. Hudson Capital Management LLC now owns 31,389 shares of the exchange traded fund’s stock valued at $3,539,000 after acquiring an additional 1,572 shares during the period. CENTRAL TRUST Co raised its stake in SPDR Gold Shares by 2.1% in the 3rd quarter. CENTRAL TRUST Co now owns 103,832 shares of the exchange traded fund’s stock valued at $11,709,000 after acquiring an additional 2,177 shares during the period. Evercore Wealth Management LLC raised its stake in SPDR Gold Shares by 0.9% in the 3rd quarter. Evercore Wealth Management LLC now owns 55,619 shares of the exchange traded fund’s stock valued at $6,272,000 after acquiring an additional 514 shares during the period. Finally, Game Creek Capital LP raised its stake in SPDR Gold Shares by 11.2% in the 2nd quarter. Game Creek Capital LP now owns 24,900 shares of the exchange traded fund’s stock valued at $2,954,000 after acquiring an additional 2,500 shares during the period.

GLD opened at $117.06 on Friday. SPDR Gold Shares has a 1-year low of $111.06 and a 1-year high of $129.51.

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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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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