Diversified Trust Co Has $937,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Diversified Trust Co raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 31.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,854 shares of the exchange traded fund’s stock after acquiring an additional 915 shares during the period. Diversified Trust Co’s holdings in SPDR Gold Shares were worth $937,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Scarborough Advisors LLC boosted its position in SPDR Gold Shares by 10,133.3% in the 4th 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 last quarter. Toronto Dominion Bank lifted its holdings in SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after buying an additional 1,079,452 shares during the period. Arizona PSPRS Trust bought a new position in SPDR Gold Shares in the second quarter valued at approximately $157,187,000. Global Assets Advisory LLC acquired a new stake in SPDR Gold Shares during the 1st quarter worth $144,269,000. Finally, GLOBALT Investments LLC GA acquired a new position in shares of SPDR Gold Shares in the 4th quarter valued at $124,066,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.5 %

Shares of SPDR Gold Shares stock opened at $241.05 on Thursday. The business has a fifty day simple moving average of $234.17 and a 200 day simple moving average of $222.88. SPDR Gold Shares has a 12 month low of $171.90 and a 12 month high of $247.37.

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).