Cullen Frost Bankers Inc. Has $3.29 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Cullen Frost Bankers Inc. trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 4.1% in the fourth quarter, Holdings Channel reports. The fund owned 17,228 shares of the exchange traded fund’s stock after selling 738 shares during the period. Cullen Frost Bankers Inc.’s holdings in SPDR Gold Shares were worth $3,293,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of GLD. Toronto Dominion Bank boosted its stake in SPDR Gold Shares by 14.5% in the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after purchasing an additional 591,368 shares during the period. First Eagle Investment Management LLC grew its holdings in shares of SPDR Gold Shares by 4.2% during the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock worth $599,794,000 after buying an additional 137,604 shares in the last quarter. International Assets Investment Management LLC lifted its stake in SPDR Gold Shares by 19,989.3% in the 4th 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 acquiring an additional 2,424,904 shares in the last quarter. Euclidean Capital LLC raised its holdings in shares of SPDR Gold Shares by 91.4% in 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 purchasing an additional 507,500 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in SPDR Gold Shares by 4.7% in 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 purchasing an additional 47,681 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $214.76 on Thursday. The company’s 50-day moving average price is $208.23 and its two-hundred day moving average price is $194.39. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.09.

SPDR Gold Shares 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).