Keybank National Association OH Buys 2,985 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Keybank National Association OH lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 135,378 shares of the exchange traded fund’s stock after purchasing an additional 2,985 shares during the quarter. Keybank National Association OH’s holdings in SPDR Gold Shares were worth $39,008,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Raymond James Financial Inc. bought a new position in SPDR Gold Shares during the 4th quarter valued at about $450,109,000. Leigh Baldwin & CO. LLC purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $401,829,000. Ameriprise Financial Inc. grew its stake in shares of SPDR Gold Shares by 10.9% during the fourth quarter. Ameriprise Financial Inc. now owns 1,387,693 shares of the exchange traded fund’s stock valued at $335,909,000 after buying an additional 136,120 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of SPDR Gold Shares by 1,374.2% in the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock worth $271,568,000 after buying an additional 1,045,499 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of SPDR Gold Shares by 3.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 980,065 shares of the exchange traded fund’s stock worth $237,303,000 after acquiring an additional 32,712 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.9%

Shares of GLD opened at $307.55 on Wednesday. The firm has a market capitalization of $102.54 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12-month low of $214.62 and a 12-month high of $317.63. The firm has a fifty day moving average price of $306.02 and a 200-day moving average price of $280.14.

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).