Rockefeller Capital Management L.P. Purchases 30,952 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Rockefeller Capital Management L.P. raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 665,498 shares of the exchange traded fund’s stock after buying an additional 30,952 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.22% of SPDR Gold Shares worth $161,670,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Price T Rowe Associates Inc. MD bought a new stake in shares of SPDR Gold Shares during the first quarter valued at approximately $309,000. Burney Co. bought a new stake in shares of SPDR Gold Shares during the 1st quarter valued at $205,000. Pathway Financial Advisers LLC purchased a new stake in shares of SPDR Gold Shares in the 1st quarter worth about $229,000. Hamilton Wealth LLC grew its stake in shares of SPDR Gold Shares by 6.3% in the 1st quarter. Hamilton Wealth LLC now owns 51,224 shares of the exchange traded fund’s stock worth $10,538,000 after buying an additional 3,049 shares during the last quarter. Finally, OMC Financial Services LTD bought a new position in shares of SPDR Gold Shares during the first quarter valued at $7,789,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $243.49 on Friday. SPDR Gold Shares has a 12-month low of $183.15 and a 12-month high of $257.71. The firm’s 50 day moving average is $246.46 and its 200 day moving average is $231.27.

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).