SPDR Gold Shares $GLD Shares Acquired by Banco Santander S.A.

Banco Santander S.A. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 20.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 322,778 shares of the exchange traded fund’s stock after purchasing an additional 55,885 shares during the period. SPDR Gold Shares comprises approximately 1.0% of Banco Santander S.A.’s portfolio, making the stock its 16th largest position. Banco Santander S.A.’s holdings in SPDR Gold Shares were worth $114,738,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Brighton Jones LLC boosted its position in shares of SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after acquiring an additional 1,903 shares in the last quarter. Bison Wealth LLC lifted its stake in SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in SPDR Gold Shares in the first quarter valued at approximately $16,014,000. Schnieders Capital Management LLC. boosted its holdings in SPDR Gold Shares by 4.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock valued at $1,829,000 after purchasing an additional 275 shares in the last quarter. Finally, Bristlecone Advisors LLC increased its stake in SPDR Gold Shares by 36.0% in the second quarter. Bristlecone Advisors LLC now owns 1,080 shares of the exchange traded fund’s stock valued at $329,000 after purchasing an additional 286 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares News Roundup

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Trading Up 0.9%

Shares of NYSEARCA:GLD opened at $477.48 on Friday. The company has a market capitalization of $181.49 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a twelve month low of $261.25 and a twelve month high of $509.70. The firm has a 50 day simple moving average of $439.15 and a 200-day simple moving average of $386.21.

SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

See Also

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

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