SPDR Gold Shares $GLD Position Increased by Vise Technologies Inc.

Vise Technologies Inc. raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 122.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,762 shares of the exchange traded fund’s stock after buying an additional 11,418 shares during the period. Vise Technologies Inc.’s holdings in SPDR Gold Shares were worth $8,228,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. SFI Advisors LLC bought a new stake in SPDR Gold Shares during the fourth quarter worth approximately $231,000. Daiwa Securities Group Inc. boosted its holdings in SPDR Gold Shares by 6.0% during the fourth quarter. Daiwa Securities Group Inc. now owns 14,100 shares of the exchange traded fund’s stock worth $5,588,000 after buying an additional 800 shares in the last quarter. Sittner & Nelson LLC boosted its holdings in SPDR Gold Shares by 33.6% during the fourth quarter. Sittner & Nelson LLC now owns 394 shares of the exchange traded fund’s stock worth $156,000 after buying an additional 99 shares in the last quarter. Verus Capital Partners LLC boosted its holdings in SPDR Gold Shares by 4.7% during the fourth quarter. Verus Capital Partners LLC now owns 10,826 shares of the exchange traded fund’s stock worth $4,290,000 after buying an additional 485 shares in the last quarter. Finally, Crescent Grove Advisors LLC boosted its holdings in SPDR Gold Shares by 25.3% during the fourth quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after buying an additional 3,175 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.8%

NYSEARCA:GLD opened at $411.27 on Friday. SPDR Gold Shares has a 1-year low of $299.89 and a 1-year high of $509.70. The firm has a market capitalization of $149.58 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14. The stock has a fifty day simple moving average of $425.14 and a 200 day simple moving average of $427.44.

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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.

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

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