Banco Bilbao Vizcaya Argentaria S.A. Increases Stock Holdings in SPDR Gold Shares $GLD

Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 13.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 378,973 shares of the exchange traded fund’s stock after buying an additional 44,861 shares during the quarter. SPDR Gold Shares comprises 1.0% of Banco Bilbao Vizcaya Argentaria S.A.’s holdings, making the stock its 17th largest position. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in SPDR Gold Shares were worth $114,635,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Gold Shares in the 1st quarter worth approximately $30,000. Stone House Investment Management LLC acquired a new position in SPDR Gold Shares during the 1st quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID raised its holdings in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 46 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in shares of SPDR Gold Shares during the second quarter worth $43,000. Finally, Decker Retirement Planning Inc. lifted its stake in shares of SPDR Gold Shares by 358.8% during the second quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 122 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $382.87 on Friday. The stock’s fifty day moving average price is $361.47 and its 200 day moving average price is $326.67. SPDR Gold Shares has a 1 year low of $236.13 and a 1 year high of $403.30. The company has a market cap of $138.56 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.

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).