SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Papp L Roy & Associates

Papp L Roy & Associates raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,795 shares of the exchange traded fund’s stock after acquiring an additional 75 shares during the period. Papp L Roy & Associates’ holdings in SPDR Gold Shares were worth $527,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of GLD. Toronto Dominion Bank boosted its stake in SPDR Gold Shares by 164.4% in the second quarter. Toronto Dominion Bank now owns 328,490,000 shares of the exchange traded fund’s stock valued at $43,754,868,000 after acquiring an additional 204,230,720 shares during the period. Bank of Nova Scotia boosted its stake in SPDR Gold Shares by 207.9% in the second quarter. Bank of Nova Scotia now owns 1,539,713 shares of the exchange traded fund’s stock valued at $205,090,000 after acquiring an additional 1,039,713 shares during the period. Verition Fund Management LLC boosted its stake in SPDR Gold Shares by 100.4% in the second quarter. Verition Fund Management LLC now owns 2,400 shares of the exchange traded fund’s stock valued at $320,000 after acquiring an additional 666,790 shares during the period. Mizuho Bank Ltd. acquired a new position in SPDR Gold Shares in the second quarter valued at approximately $86,580,000. Finally, Invesco Ltd. boosted its stake in SPDR Gold Shares by 978.0% in the second quarter. Invesco Ltd. now owns 625,215 shares of the exchange traded fund’s stock valued at $83,279,000 after acquiring an additional 567,215 shares during the period.

GLD stock traded down $0.88 during midday trading on Friday, reaching $137.39. The company had a trading volume of 10,214,016 shares, compared to its average volume of 9,196,348. The stock has a 50 day moving average price of $141.13 and a 200 day moving average price of $134.18. SPDR Gold Shares has a fifty-two week low of $113.42 and a fifty-two week high of $146.82.

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).

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

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