Benjamin F. Edwards & Company Inc. Raises Position in SPDR Gold Shares (NYSEARCA:GLD)

Benjamin F. Edwards & Company Inc. grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 39,489 shares of the exchange traded fund’s stock after buying an additional 1,429 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in SPDR Gold Shares were worth $7,549,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. International Assets Investment Management LLC grew its position in SPDR Gold Shares by 19,989.3% during 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. Toronto Dominion Bank grew its position in SPDR Gold Shares by 14.5% during 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 buying an additional 591,368 shares during the period. Euclidean Capital LLC grew its position in SPDR Gold Shares by 91.4% during 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. Dagco Inc. grew its position in SPDR Gold Shares by 24,465.7% during the third quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock valued at $66,546,000 after buying an additional 386,558 shares during the period. Finally, Bailard Inc. grew its position in SPDR Gold Shares by 5,040.4% during the fourth quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock valued at $66,774,000 after buying an additional 342,496 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD traded down $0.14 during trading hours on Friday, hitting $212.99. 8,678,824 shares of the company’s stock traded hands, compared to its average volume of 7,972,358. The business’s fifty day moving average price is $206.68 and its two-hundred day moving average price is $193.50. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09.

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).