SPDR Gold Shares $GLD Shares Acquired by KADENSA CAPITAL Ltd

KADENSA CAPITAL Ltd increased its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 5.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,234 shares of the exchange traded fund’s stock after purchasing an additional 2,495 shares during the quarter. SPDR Gold Shares accounts for approximately 1.7% of KADENSA CAPITAL Ltd’s investment portfolio, making the stock its 26th largest holding. KADENSA CAPITAL Ltd’s holdings in SPDR Gold Shares were worth $16,079,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC raised its position in SPDR Gold Shares by 31,232.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after acquiring an additional 2,913,079 shares in the last quarter. First Eagle Investment Management LLC lifted its stake in shares of SPDR Gold Shares by 2.7% in the 3rd quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock valued at $899,764,000 after purchasing an additional 66,416 shares during the period. Bank of Montreal Can purchased a new stake in SPDR Gold Shares during the third quarter worth $556,282,000. Ameriprise Financial Inc. grew its position in SPDR Gold Shares by 3.4% during the third quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock valued at $554,139,000 after buying an additional 50,756 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in SPDR Gold Shares by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock worth $434,701,000 after buying an additional 35,619 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $460.84 on Monday. The stock has a market capitalization of $175.17 billion, a P/E ratio of -32.43 and a beta of 0.09. The business has a 50 day simple moving average of $454.30 and a two-hundred day simple moving average of $400.06. SPDR Gold Shares has a 12 month low of $272.58 and a 12 month high of $509.70.

SPDR Gold Shares News Roundup

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SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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

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