SPDR Gold Shares $GLD Stock Position Lifted by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 5.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 397,919 shares of the exchange traded fund’s stock after buying an additional 18,946 shares during the quarter. SPDR Gold Shares makes up about 1.1% of Banco Bilbao Vizcaya Argentaria S.A.’s holdings, making the stock its 12th biggest position. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in SPDR Gold Shares were worth $140,410,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of GLD. Empirical Asset Management LLC grew its stake in shares of SPDR Gold Shares by 256.7% in the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock valued at $12,941,000 after buying an additional 26,197 shares in the last quarter. Colonial Trust Advisors lifted its stake in SPDR Gold Shares by 7.6% in the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after acquiring an additional 1,385 shares during the last quarter. Spirepoint Private Client LLC acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $742,000. FAS Wealth Partners Inc. raised its holdings in shares of SPDR Gold Shares by 71.1% during the 3rd quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock valued at $7,435,000 after purchasing an additional 8,691 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of SPDR Gold Shares by 19.4% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock valued at $12,964,000 after purchasing an additional 5,932 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 1.3%

Shares of NYSEARCA:GLD opened at $460.84 on Friday. SPDR Gold Shares has a 1 year low of $272.58 and a 1 year high of $509.70. The firm has a fifty day moving average price of $454.30 and a 200 day moving average price of $399.45. The stock has a market capitalization of $175.17 billion, a PE ratio of -32.43 and a beta of 0.09.

Key SPDR Gold Shares News

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

SPDR Gold Shares Company 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.

Further Reading

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

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