Koshinski Asset Management Inc. Boosts Position in SPDR Gold Shares (NYSEARCA:GLD)


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Koshinski Asset Management Inc. grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,674 shares of the exchange traded fund’s stock after purchasing an additional 284 shares during the quarter. Koshinski Asset Management Inc.’s holdings in SPDR Gold Shares were worth $2,082,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of GLD. Marino Management LLC purchased a new position in shares of SPDR Gold Shares during the 4th quarter valued at approximately $441,880,000. Mizuho Bank Ltd. increased its holdings in shares of SPDR Gold Shares by 124.3% during the 4th quarter. Mizuho Bank Ltd. now owns 2,400,000 shares of the exchange traded fund’s stock valued at $428,064,000 after purchasing an additional 1,330,000 shares in the last quarter. Morgan Stanley increased its holdings in shares of SPDR Gold Shares by 4.9% during the 4th quarter. Morgan Stanley now owns 14,912,925 shares of the exchange traded fund’s stock valued at $2,659,869,000 after purchasing an additional 699,438 shares in the last quarter. Synovus Financial Corp increased its holdings in shares of SPDR Gold Shares by 37.9% during the 4th quarter. Synovus Financial Corp now owns 966,549 shares of the exchange traded fund’s stock valued at $172,394,000 after purchasing an additional 265,690 shares in the last quarter. Finally, AE Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 56.9% during the 4th quarter. AE Wealth Management LLC now owns 703,123 shares of the exchange traded fund’s stock valued at $125,409,000 after purchasing an additional 254,894 shares in the last quarter. 43.90% of the stock is owned by hedge funds and other institutional investors.

NYSEARCA:GLD opened at $162.76 on Thursday. The company has a 50 day moving average price of $162.69 and a 200-day moving average price of $171.14. SPDR Gold Shares has a 1-year low of $154.59 and a 1-year high of $194.45.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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