Banco Bilbao Vizcaya Argentaria S.A. Has $160.87 Million Stock Position in SPDR Gold Shares $GLD

Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 403,937 shares of the exchange traded fund’s stock after purchasing an additional 6,018 shares during the period. SPDR Gold Shares accounts for 1.1% of Banco Bilbao Vizcaya Argentaria S.A.’s holdings, making the stock its 12th biggest position. Banco Bilbao Vizcaya Argentaria S.A. owned about 0.11% of SPDR Gold Shares worth $160,865,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. WPG Advisers LLC bought a new stake in SPDR Gold Shares during the fourth quarter worth $25,000. Timmons Wealth Management LLC bought a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $26,000. Eukles Asset Management acquired a new position in shares of SPDR Gold Shares during the 4th quarter worth about $27,000. Vestwell Advisors LLC acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth about $27,000. Finally, USA Financial Formulas bought a new stake in shares of SPDR Gold Shares in the 4th quarter valued at about $31,000. 42.19% of the stock is owned by institutional investors.

Key Headlines Impacting SPDR Gold Shares

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

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $388.60 on Thursday. SPDR Gold Shares has a 52-week low of $299.89 and a 52-week high of $509.70. The company has a market capitalization of $141.33 billion, a P/E ratio of -32.43 and a beta of 0.14. The company has a 50-day simple moving average of $419.42 and a 200 day simple moving average of $428.27.

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

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLDFree Report).

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

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.