Crescent Grove Advisors LLC Acquires 3,175 Shares of SPDR Gold Shares $GLD

Crescent Grove Advisors LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 25.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,719 shares of the exchange traded fund’s stock after purchasing an additional 3,175 shares during the period. Crescent Grove Advisors LLC’s holdings in SPDR Gold Shares were worth $6,230,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of GLD. Bank of Montreal Can bought a new stake in SPDR Gold Shares in the third quarter worth $556,282,000. Corient Private Wealth LLC boosted its holdings in SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after purchasing an additional 559,507 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in SPDR Gold Shares by 1,158.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 504,462 shares of the exchange traded fund’s stock worth $199,923,000 after purchasing an additional 464,376 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in SPDR Gold Shares by 103.7% in the fourth quarter. Teacher Retirement System of Texas now owns 568,900 shares of the exchange traded fund’s stock worth $225,461,000 after purchasing an additional 289,550 shares in the last quarter. Finally, Dynasty Wealth Management LLC bought a new stake in SPDR Gold Shares in the fourth quarter worth $108,320,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares News Summary

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SPDR Gold Shares Trading Down 1.0%

Shares of NYSEARCA:GLD opened at $407.87 on Thursday. The stock has a market capitalization of $148.34 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 1 year low of $299.89 and a 1 year high of $509.70. The firm has a fifty day moving average price of $425.00 and a 200 day moving average price of $427.19.

About SPDR Gold Shares

(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.

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

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