XTX Topco Ltd Acquires 1,496 Shares of SPDR Gold Shares (NYSEARCA:GLD)

XTX Topco Ltd raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 101.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,968 shares of the exchange traded fund’s stock after buying an additional 1,496 shares during the period. XTX Topco Ltd’s holdings in SPDR Gold Shares were worth $638,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Scarborough Advisors LLC boosted its position in SPDR Gold Shares by 10,133.3% during the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after buying an additional 2,636,376 shares during the period. Toronto Dominion Bank grew its position in SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after acquiring an additional 1,079,452 shares during the last quarter. Arizona PSPRS Trust purchased a new position in SPDR Gold Shares in the 2nd quarter worth approximately $157,187,000. Global Assets Advisory LLC bought a new stake in SPDR Gold Shares in the first quarter valued at approximately $144,269,000. Finally, GLOBALT Investments LLC GA purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $124,066,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $242.68 on Tuesday. The company’s 50 day moving average price is $229.29 and its 200-day moving average price is $219.45. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $243.46.

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).