Bbva Compass Bancshares Inc. lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 18.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,103 shares of the exchange traded fund’s stock after selling 5,885 shares during the quarter. Bbva Compass Bancshares Inc.’s holdings in SPDR Gold Shares were worth $3,185,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Live Your Vision LLC grew its stake in SPDR Gold Shares by 263.5% in the first quarter. Live Your Vision LLC now owns 229 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 166 shares in the last quarter. First Personal Financial Services bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $29,000. ERTS Wealth Advisors LLC bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $30,000. Nalls Sherbakoff Group LLC bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $35,000. Finally, Howe & Rusling Inc. grew its stake in SPDR Gold Shares by 81.8% in the first quarter. Howe & Rusling Inc. now owns 289 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 130 shares in the last quarter.
Shares of NYSEARCA:GLD opened at $121.43 on Friday. SPDR Gold Shares has a 52-week low of $111.06 and a 52-week 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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