Psagot Investment House Ltd. raised its stake in SPDR Gold Trust (NYSEARCA:GLD) by 2.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,715 shares of the exchange traded fund’s stock after buying an additional 1,175 shares during the quarter. Psagot Investment House Ltd.’s holdings in SPDR Gold Trust were worth $5,395,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of GLD. BlackRock Inc. lifted its position in SPDR Gold Trust by 9.4% in the second quarter. BlackRock Inc. now owns 18,604,275 shares of the exchange traded fund’s stock valued at $2,195,677,000 after buying an additional 1,600,262 shares during the last quarter. FMR LLC lifted its position in SPDR Gold Trust by 49.6% in the second quarter. FMR LLC now owns 4,742,502 shares of the exchange traded fund’s stock valued at $559,710,000 after buying an additional 1,572,655 shares during the last quarter. SG Americas Securities LLC lifted its position in SPDR Gold Trust by 2,834.6% in the second quarter. SG Americas Securities LLC now owns 655,169 shares of the exchange traded fund’s stock valued at $77,323,000 after buying an additional 632,843 shares during the last quarter. Bridgewater Associates LP acquired a new position in SPDR Gold Trust in the second quarter valued at about $68,129,000. Finally, Adventist Health System Sunbelt Healthcare Corp acquired a new position in SPDR Gold Trust in the second quarter valued at about $58,494,000.
SPDR Gold Trust (NYSEARCA:GLD) traded down 0.07% on Wednesday, reaching $122.31. 1,306,855 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $123.90 and a 200-day moving average price of $120.62. SPDR Gold Trust has a 1-year low of $107.00 and a 1-year high of $128.32.
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SPDR Gold Trust 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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