Landmark Wealth Management Inc. grew its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,524 shares of the exchange traded fund’s stock after acquiring an additional 408 shares during the quarter. SPDR Gold Shares comprises about 1.2% of Landmark Wealth Management Inc.’s holdings, making the stock its 24th largest position. Landmark Wealth Management Inc.’s holdings in SPDR Gold Shares were worth $2,548,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the company. International Assets Investment Management LLC lifted its holdings in shares of SPDR Gold Shares by 21,571.1% during the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after purchasing an additional 3,010,682 shares during the period. Strategic Financial Concepts LLC lifted its holdings in shares of SPDR Gold Shares by 24,600.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares during the period. Diversify Advisory Services LLC lifted its holdings in shares of SPDR Gold Shares by 446.0% during the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after purchasing an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after purchasing an additional 146,271 shares during the period. Finally, Banco Santander S.A. lifted its holdings in shares of SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after purchasing an additional 114,151 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Down 0.3 %
Shares of NYSEARCA GLD opened at $263.43 on Friday. The stock has a fifty day moving average price of $247.93 and a 200 day moving average price of $241.64. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $265.99.
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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