Mizuho Markets Cayman LP Has $3.69 Million Stake in SPDR Gold Shares $GLD

Mizuho Markets Cayman LP increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 582.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,581 shares of the exchange traded fund’s stock after buying an additional 7,323 shares during the period. Mizuho Markets Cayman LP’s holdings in SPDR Gold Shares were worth $3,692,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of GLD. Corient Private Wealth LLC grew its holdings in SPDR Gold Shares by 571.3% during the 4th quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock worth $1,565,118,000 after acquiring an additional 3,360,966 shares during the period. Morgan Stanley lifted its stake in shares of SPDR Gold Shares by 22.4% in the 4th quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock valued at $5,506,229,000 after purchasing an additional 2,539,266 shares during the period. Virtu Financial LLC bought a new position in shares of SPDR Gold Shares in the 4th quarter worth $474,952,000. Marino Management LLC bought a new position in shares of SPDR Gold Shares in the 4th quarter worth $438,475,000. Finally, Diamant Asset Management Inc. boosted its position in shares of SPDR Gold Shares by 42,929.0% in the 1st quarter. Diamant Asset Management Inc. now owns 697,070 shares of the exchange traded fund’s stock worth $299,942,000 after purchasing an additional 695,450 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.1%

Shares of SPDR Gold Shares stock opened at $379.12 on Thursday. The business has a fifty day simple moving average of $390.21 and a 200 day simple moving average of $424.38. The stock has a market cap of $133.07 billion, a PE ratio of -32.43 and a beta of 0.17. SPDR Gold Shares has a 12 month low of $300.95 and a 12 month high of $509.70.

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SPDR Gold Shares Company Profile

(Free Report)

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.

Further Reading

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

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