Rockefeller Capital Management L.P. Has $260.46 Million Stock Position in SPDR Gold Shares $GLD

Rockefeller Capital Management L.P. boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 15.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 854,436 shares of the exchange traded fund’s stock after acquiring an additional 114,028 shares during the quarter. SPDR Gold Shares accounts for approximately 0.7% of Rockefeller Capital Management L.P.’s investment portfolio, making the stock its 21st biggest holding. Rockefeller Capital Management L.P. owned approximately 0.26% of SPDR Gold Shares worth $260,458,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. TPG Advisors LLC grew its holdings in SPDR Gold Shares by 2.6% during the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 33 shares during the period. Tsfg LLC boosted its stake in shares of SPDR Gold Shares by 0.9% during the 2nd quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock worth $1,104,000 after acquiring an additional 33 shares during the period. Mather Group LLC. increased its holdings in shares of SPDR Gold Shares by 1.8% during the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock worth $593,000 after acquiring an additional 34 shares during the last quarter. Pinnacle Associates Ltd. raised its stake in SPDR Gold Shares by 0.3% in the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after acquiring an additional 35 shares during the period. Finally, FourThought Financial Partners LLC raised its stake in SPDR Gold Shares by 3.5% in the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $299,000 after acquiring an additional 35 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $375.96 on Friday. The company has a market capitalization of $136.06 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $236.33 and a 52 week high of $403.30. The company has a 50-day simple moving average of $362.36 and a 200 day simple moving average of $327.28.

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).