1832 Asset Management L.P. Purchases 800 Shares of SPDR Gold Shares (NYSEARCA:GLD)
1832 Asset Management L.P. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,800 shares of the exchange traded fund’s stock after purchasing an additional 800 shares during the quarter. 1832 Asset Management L.P.’s holdings in SPDR Gold Shares were worth $18,905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in the business. Morgan Stanley lifted its position in shares of SPDR Gold Shares by 39.8% during the first quarter. Morgan Stanley now owns 9,542,061 shares of the exchange traded fund’s stock valued at $1,412,702,000 after buying an additional 2,714,243 shares during the last quarter. BlackRock Inc. lifted its stake in SPDR Gold Shares by 210.3% in the first quarter. BlackRock Inc. now owns 7,954,239 shares of the exchange traded fund’s stock valued at $1,177,625,000 after buying an additional 5,390,754 shares during the last quarter. Advisor Group Holdings Inc. purchased a new stake in SPDR Gold Shares in the first quarter valued at approximately $110,936,000. Toronto Dominion Bank lifted its stake in SPDR Gold Shares by 25.0% in the fourth quarter. Toronto Dominion Bank now owns 3,949,056 shares of the exchange traded fund’s stock valued at $564,320,000 after buying an additional 788,859 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its stake in SPDR Gold Shares by 31.2% in the first quarter. Mackenzie Financial Corp now owns 2,740,069 shares of the exchange traded fund’s stock valued at $405,667,000 after buying an additional 651,842 shares during the last quarter.
Shares of SPDR Gold Shares stock traded down $0.93 during trading hours on Friday, hitting $164.87. 2,605,663 shares of the company were exchanged, compared to its average volume of 13,084,129. SPDR Gold Shares has a 1 year low of $130.55 and a 1 year high of $166.99. The business has a 50-day moving average of $162.23 and a 200-day moving average of $152.63.
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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