Jackson Square Capital LLC Acquires 10,958 Shares of SPDR Gold Shares $GLD

Jackson Square Capital LLC bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,958 shares of the exchange traded fund’s stock, valued at approximately $4,173,000.

Several other large investors have also bought and sold shares of the company. Diamant Asset Management Inc. lifted its holdings in shares of SPDR Gold Shares by 42,929.0% during the first quarter. Diamant Asset Management Inc. now owns 697,070 shares of the exchange traded fund’s stock valued at $299,942,000 after purchasing an additional 695,450 shares during the last quarter. Bank of Korea acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $250,411,831. CI Investments Inc. boosted its position in shares of SPDR Gold Shares by 96.7% in the 1st quarter. CI Investments Inc. now owns 282,364 shares of the exchange traded fund’s stock valued at $121,498,000 after purchasing an additional 138,846 shares during the period. Fifth Third Bancorp increased its stake in SPDR Gold Shares by 83.0% in the 1st quarter. Fifth Third Bancorp now owns 298,497 shares of the exchange traded fund’s stock worth $128,440,000 after purchasing an additional 135,373 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in SPDR Gold Shares by 13.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 938,260 shares of the exchange traded fund’s stock worth $371,842,000 after purchasing an additional 109,205 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD traded down $2.73 during trading on Monday, reaching $379.27. The company had a trading volume of 2,779,128 shares, compared to its average volume of 11,540,392. The firm’s 50-day simple moving average is $397.35 and its 200 day simple moving average is $400.62. The company has a market cap of $140.18 billion, a price-to-earnings ratio of -32.43 and a beta of 0.18. SPDR Gold Shares has a 12-month low of $360.12 and a 12-month high of $509.70.

About SPDR Gold Shares

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.