First Midwest Bank Trust Division lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 23.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,369 shares of the exchange traded fund’s stock after acquiring an additional 3,901 shares during the quarter. First Midwest Bank Trust Division’s holdings in SPDR Gold Shares were worth $2,485,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of GLD. Toronto Dominion Bank grew its position in SPDR Gold Shares by 165.3% in the fourth quarter. Toronto Dominion Bank now owns 135,384,111 shares of the exchange traded fund’s stock worth $16,415,327,000 after buying an additional 84,360,935 shares during the last quarter. Elephas Investment Management Ltd grew its position in SPDR Gold Shares by 342.5% in the fourth quarter. Elephas Investment Management Ltd now owns 3,427,584 shares of the exchange traded fund’s stock worth $415,595,000 after buying an additional 2,652,953 shares during the last quarter. BlackRock Inc. grew its position in SPDR Gold Shares by 88.6% in the fourth quarter. BlackRock Inc. now owns 2,046,924 shares of the exchange traded fund’s stock worth $248,189,000 after buying an additional 961,644 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in SPDR Gold Shares in the fourth quarter worth approximately $85,666,000. Finally, American Asset Management Inc. grew its position in SPDR Gold Shares by 1,539.6% in the fourth quarter. American Asset Management Inc. now owns 332,493 shares of the exchange traded fund’s stock worth $40,315,000 after buying an additional 312,214 shares during the last quarter.
SPDR Gold Shares stock traded down $0.12 during midday trading on Wednesday, reaching $120.24. The stock had a trading volume of 3,741,805 shares, compared to its average volume of 7,458,519. SPDR Gold Shares has a twelve month low of $111.06 and a twelve month high of $127.21.
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SPDR Gold Shares 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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