Ballentine Partners LLC Has $6.75 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Ballentine Partners LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 25.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,297 shares of the exchange traded fund’s stock after acquiring an additional 7,110 shares during the quarter. Ballentine Partners LLC’s holdings in SPDR Gold Shares were worth $6,748,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Market Strategies LLC boosted its holdings in shares of SPDR Gold Shares by 4.6% during the 4th quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after acquiring an additional 55 shares in the last quarter. JB Capital LLC grew its holdings in shares of SPDR Gold Shares by 2.4% during the fourth quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after purchasing an additional 55 shares during the last quarter. Pensionmark Financial Group LLC increased its stake in shares of SPDR Gold Shares by 1.1% in the first quarter. Pensionmark Financial Group LLC now owns 5,029 shares of the exchange traded fund’s stock valued at $921,000 after buying an additional 55 shares during the period. IAG Wealth Partners LLC raised its holdings in SPDR Gold Shares by 9.5% in the 3rd quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 56 shares during the last quarter. Finally, Financial Sense Advisors Inc. boosted its position in SPDR Gold Shares by 2.0% during the 3rd quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 56 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 0.9 %

NYSEARCA GLD traded up $1.85 on Wednesday, hitting $212.74. The company’s stock had a trading volume of 10,537,498 shares, compared to its average volume of 6,929,775. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $212.83. The company’s 50-day moving average is $193.89 and its 200 day moving average is $187.24.

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).

See Also

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

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