10,958 Shares in SPDR Gold Shares $GLD Purchased by Jackson Square Capital LLC

Jackson Square Capital LLC purchased a new position in SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, Holdings Channel reports. The fund purchased 10,958 shares of the exchange traded fund’s stock, valued at approximately $4,173,000.

Other institutional investors have also made changes to their positions in the company. First Eagle Investment Management LLC increased its stake in SPDR Gold Shares by 1.5% in the 2nd quarter. First Eagle Investment Management LLC now owns 2,491,623 shares of the exchange traded fund’s stock valued at $917,864,000 after buying an additional 35,882 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Gold Shares by 0.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,169,683 shares of the exchange traded fund’s stock valued at $430,888,000 after buying an additional 5,793 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of SPDR Gold Shares by 13.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 938,260 shares of the exchange traded fund’s stock valued at $371,842,000 after buying an additional 109,205 shares during the period. PPSC Investment Service Corp boosted its stake in shares of SPDR Gold Shares by 10.0% during the 1st quarter. PPSC Investment Service Corp now owns 781,981 shares of the exchange traded fund’s stock valued at $336,479,000 after buying an additional 70,775 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of SPDR Gold Shares by 1.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 707,998 shares of the exchange traded fund’s stock valued at $304,644,000 after acquiring an additional 12,415 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.7%

Shares of SPDR Gold Shares stock traded down $2.73 on Monday, hitting $379.27. 2,779,128 shares of the company traded hands, compared to its average volume of 11,540,392. SPDR Gold Shares has a 12-month low of $360.12 and a 12-month high of $509.70. The company has a market cap of $140.18 billion, a PE ratio of -32.43 and a beta of 0.18. The company has a 50-day moving average price of $397.35 and a 200 day moving average price of $400.62.

SPDR Gold Shares 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). 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.