Scotia Capital Inc. Grows Holdings in SPDR Gold Trust (GLD)
Scotia Capital Inc. boosted its position in shares of SPDR Gold Trust (NYSEARCA:GLD) by 7.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,395 shares of the exchange traded fund’s stock after purchasing an additional 2,078 shares during the period. Scotia Capital Inc.’s holdings in SPDR Gold Trust were worth $3,705,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in GLD. BlackRock Inc. boosted its stake in shares of SPDR Gold Trust by 9.4% during the 2nd quarter. BlackRock Inc. now owns 18,604,275 shares of the exchange traded fund’s stock worth $2,195,677,000 after buying an additional 1,600,262 shares during the last quarter. FMR LLC lifted its stake in SPDR Gold Trust by 49.6% in the 2nd quarter. FMR LLC now owns 4,742,502 shares of the exchange traded fund’s stock valued at $559,710,000 after purchasing an additional 1,572,655 shares during the last quarter. SG Americas Securities LLC lifted its stake in SPDR Gold Trust by 2,834.6% in the 2nd quarter. SG Americas Securities LLC now owns 655,169 shares of the exchange traded fund’s stock valued at $77,323,000 after purchasing an additional 632,843 shares during the last quarter. Bridgewater Associates LP acquired a new stake in SPDR Gold Trust in the 2nd quarter valued at about $68,129,000. Finally, Adventist Health System Sunbelt Healthcare Corp acquired a new stake in SPDR Gold Trust in the 2nd quarter valued at about $58,494,000.
Shares of SPDR Gold Trust (GLD) traded down 0.029% during midday trading on Wednesday, reaching $122.364. 1,206,631 shares of the company traded hands. The company has a 50-day moving average of $123.90 and a 200 day moving average of $120.62. SPDR Gold Trust has a 12-month low of $107.00 and a 12-month high of $128.32.
SPDR Gold Trust 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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