SPDR Gold Shares (NYSEARCA:GLD) is Client First Capital LLC’s 4th Largest Position

Client First Capital LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,771 shares of the exchange traded fund’s stock after purchasing an additional 3,026 shares during the quarter. SPDR Gold Shares comprises about 8.6% of Client First Capital LLC’s investment portfolio, making the stock its 4th largest position. Client First Capital LLC’s holdings in SPDR Gold Shares were worth $16,652,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of GLD. International Assets Investment Management LLC raised its holdings in SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the period. Cerity Partners OCIO LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at $78,434,000. AlTi Global Inc. lifted its holdings in shares of SPDR Gold Shares by 145.0% in the 2nd quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock worth $72,212,000 after acquiring an additional 198,823 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after purchasing an additional 146,271 shares during the period. Finally, Banco Santander S.A. boosted its position in shares of SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after buying an additional 114,151 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.7 %

Shares of SPDR Gold Shares stock opened at $250.60 on Friday. The stock’s fifty day moving average is $243.81 and its two-hundred day moving average is $237.89. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).