Nordea Investment Management AB Has $1.50 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Nordea Investment Management AB boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 35.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,326 shares of the exchange traded fund’s stock after purchasing an additional 3,200 shares during the period. Nordea Investment Management AB’s holdings in SPDR Gold Shares were worth $1,504,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC raised its holdings in SPDR Gold Shares by 2.3% during the first quarter. First Eagle Investment Management LLC now owns 6,784,933 shares of the exchange traded fund’s stock valued at $827,830,000 after buying an additional 150,887 shares in the last quarter. Elephas Investment Management Ltd raised its holdings in SPDR Gold Shares by 342.5% during the fourth quarter. Elephas Investment Management Ltd now owns 3,427,584 shares of the exchange traded fund’s stock valued at $415,595,000 after buying an additional 2,652,953 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in SPDR Gold Shares by 29.5% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,264,475 shares of the exchange traded fund’s stock valued at $276,289,000 after buying an additional 515,587 shares in the last quarter. BlackRock Inc. raised its holdings in SPDR Gold Shares by 88.6% during the fourth quarter. BlackRock Inc. now owns 2,046,924 shares of the exchange traded fund’s stock valued at $248,189,000 after buying an additional 961,644 shares in the last quarter. Finally, South Texas Money Management Ltd. raised its holdings in SPDR Gold Shares by 0.3% during the first quarter. South Texas Money Management Ltd. now owns 805,148 shares of the exchange traded fund’s stock valued at $98,236,000 after buying an additional 2,554 shares in the last quarter.

NYSEARCA GLD opened at $132.84 on Friday. SPDR Gold Shares has a fifty-two week low of $111.06 and a fifty-two week high of $135.55. The company’s 50-day moving average is $124.84.

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

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