ORG Partners LLC Acquires Shares of 283 SPDR Gold Shares (NYSEARCA:GLD)

ORG Partners LLC bought a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 283 shares of the exchange traded fund’s stock, valued at approximately $69,000.

A number of other institutional investors have also modified their holdings of GLD. International Assets Investment Management LLC increased its holdings in SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the last quarter. Cerity Partners OCIO LLC acquired a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $78,434,000. AlTi Global Inc. increased its holdings in shares of SPDR Gold Shares by 145.0% in the 2nd quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock valued at $72,212,000 after acquiring an additional 198,823 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after acquiring an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. lifted its stake in SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after purchasing an additional 114,151 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.0 %

GLD stock opened at $248.21 on Friday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The firm has a fifty day moving average price of $244.01 and a two-hundred day moving average price of $237.20.

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).