SPDR Gold Shares (NYSEARCA:GLD) is PPSC Investment Service Corp’s 4th Largest Position

PPSC Investment Service Corp lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 328,400 shares of the exchange traded fund’s stock after acquiring an additional 31,400 shares during the quarter. SPDR Gold Shares accounts for about 10.3% of PPSC Investment Service Corp’s holdings, making the stock its 4th largest position. PPSC Investment Service Corp owned about 0.11% of SPDR Gold Shares worth $67,558,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of GLD. First Dallas Securities Inc. bought a new position in shares of SPDR Gold Shares in the third quarter worth $309,000. Waverly Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 9.0% in the third quarter. Waverly Advisors LLC now owns 1,799 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 148 shares during the period. Fairhaven Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 18.3% in the third quarter. Fairhaven Wealth Management LLC now owns 1,771 shares of the exchange traded fund’s stock worth $304,000 after acquiring an additional 274 shares during the period. Glenmede Trust Co. NA boosted its holdings in shares of SPDR Gold Shares by 3.5% in the third quarter. Glenmede Trust Co. NA now owns 186,704 shares of the exchange traded fund’s stock worth $32,010,000 after acquiring an additional 6,397 shares during the period. Finally, Axxcess Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 1.8% in the third quarter. Axxcess Wealth Management LLC now owns 35,402 shares of the exchange traded fund’s stock worth $6,070,000 after acquiring an additional 639 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.0 %

SPDR Gold Shares stock opened at $215.01 on Monday. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.66. The business has a fifty day moving average price of $216.20 and a 200-day moving average price of $202.93.

SPDR Gold Shares 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).