Marco Investment Management LLC Acquires 20,975 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Marco Investment Management LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1,188.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,740 shares of the exchange traded fund’s stock after purchasing an additional 20,975 shares during the quarter. Marco Investment Management LLC’s holdings in SPDR Gold Shares were worth $4,347,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Toronto Dominion Bank increased its stake in SPDR Gold Shares by 14.5% in the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after purchasing an additional 591,368 shares in the last quarter. First Eagle Investment Management LLC boosted its holdings in shares of SPDR Gold Shares by 4.2% in the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock valued at $599,794,000 after buying an additional 137,604 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of SPDR Gold Shares by 19,989.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after buying an additional 2,424,904 shares during the period. Mackenzie Financial Corp boosted its holdings in shares of SPDR Gold Shares by 0.6% in the third quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock valued at $276,956,000 after buying an additional 9,005 shares during the period. Finally, Euclidean Capital LLC boosted its holdings in shares of SPDR Gold Shares by 91.4% in the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after buying an additional 507,500 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.3 %

Shares of SPDR Gold Shares stock traded up $0.70 on Friday, hitting $216.62. The company had a trading volume of 6,268,504 shares, compared to its average volume of 11,521,039. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $225.09. The stock has a 50-day moving average of $204.56 and a 200-day moving average of $192.69.

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).