SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by DCF Advisers LLC

DCF Advisers LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 29.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,000 shares of the exchange traded fund’s stock after acquiring an additional 5,000 shares during the quarter. SPDR Gold Shares makes up about 2.4% of DCF Advisers LLC’s holdings, making the stock its 12th biggest holding. DCF Advisers LLC’s holdings in SPDR Gold Shares were worth $4,730,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Scarborough Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 10,133.3% during the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after buying an additional 2,636,376 shares during the last quarter. Toronto Dominion Bank increased its stake in SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after acquiring an additional 1,079,452 shares during the period. Arizona PSPRS Trust acquired a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $157,187,000. Global Assets Advisory LLC acquired a new position in SPDR Gold Shares during the first quarter worth $144,269,000. Finally, GLOBALT Investments LLC GA acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth about $124,066,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $239.14 on Friday. The business’s fifty day moving average is $228.53 and its two-hundred day moving average is $218.54. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $240.29.

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).