SPDR Gold Shares (GLD) Shares Bought by BlackRock Inc.

BlackRock Inc. increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 88.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,046,924 shares of the exchange traded fund’s stock after purchasing an additional 961,644 shares during the period. BlackRock Inc. owned approximately 0.75% of SPDR Gold Shares worth $248,189,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. First Personal Financial Services purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $29,000. Essex Savings Bank purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $41,000. Ruggie Capital Group purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $42,000. Portfolio Solutions LLC purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $54,000. Finally, Larson Financial Group LLC purchased a new position in SPDR Gold Shares in the 4th quarter valued at approximately $61,000.

Shares of GLD stock opened at $122.97 on Friday. SPDR Gold Shares has a 52 week low of $111.06 and a 52 week high of $129.47.

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About SPDR Gold Shares

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).

Further Reading: What is a Stop Order?

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

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