D.A. Davidson & CO. raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 19.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 12,553 shares of the exchange traded fund’s stock after purchasing an additional 2,022 shares during the period. D.A. Davidson & CO.’s holdings in SPDR Gold Shares were worth $1,526,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. BlackRock Inc. grew its position in shares of SPDR Gold Shares by 9.4% during the 2nd quarter. BlackRock Inc. now owns 18,604,275 shares of the exchange traded fund’s stock valued at $2,195,677,000 after buying an additional 1,600,262 shares during the last quarter. First Eagle Investment Management LLC grew its position in shares of SPDR Gold Shares by 17.3% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,299,803 shares of the exchange traded fund’s stock valued at $765,930,000 after buying an additional 928,321 shares during the last quarter. FMR LLC grew its position in shares of SPDR Gold Shares by 49.6% during the 2nd quarter. FMR LLC now owns 4,742,502 shares of the exchange traded fund’s stock valued at $559,710,000 after buying an additional 1,572,655 shares during the last quarter. CI Investments Inc. grew its position in shares of SPDR Gold Shares by 442.2% during the 3rd quarter. CI Investments Inc. now owns 1,449,429 shares of the exchange traded fund’s stock valued at $176,222,000 after buying an additional 1,182,100 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of SPDR Gold Shares by 3.6% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,437,716 shares of the exchange traded fund’s stock valued at $174,798,000 after buying an additional 50,167 shares during the last quarter.

Shares of SPDR Gold Shares (NYSEARCA:GLD) traded down $0.31 during trading hours on Friday, hitting $122.32. 549,677 shares of the company were exchanged. SPDR Gold Shares has a twelve month low of $107.00 and a twelve month high of $128.32.

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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).

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

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