Woodward Diversified Capital LLC Raises Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Woodward Diversified Capital LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 30.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,729 shares of the exchange traded fund’s stock after acquiring an additional 2,039 shares during the period. SPDR Gold Shares comprises approximately 1.1% of Woodward Diversified Capital LLC’s investment portfolio, making the stock its 17th biggest holding. Woodward Diversified Capital LLC’s holdings in SPDR Gold Shares were worth $1,669,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Toronto Dominion Bank raised its stake in shares of SPDR Gold Shares by 14.5% during the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after acquiring an additional 591,368 shares in the last quarter. International Assets Investment Management LLC increased its holdings in SPDR Gold Shares by 19,989.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after buying an additional 2,424,904 shares during the period. Euclidean Capital LLC increased its holdings in SPDR Gold Shares by 91.4% during the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after buying an additional 507,500 shares during the period. Commonwealth Equity Services LLC increased its holdings in SPDR Gold Shares by 4.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock valued at $201,659,000 after buying an additional 47,681 shares during the period. Finally, Raymond James & Associates increased its holdings in SPDR Gold Shares by 0.5% during the fourth quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock valued at $161,466,000 after buying an additional 4,242 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock traded down $7.83 during trading on Friday, hitting $211.60. 12,195,073 shares of the company’s stock traded hands, compared to its average volume of 5,705,819. The business has a fifty day simple moving average of $216.70 and a two-hundred day simple moving average of $200.01. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.66.

SPDR Gold Shares Company 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).