Hilltop Holdings Inc. Grows Position in SPDR Gold Shares (NYSEARCA:GLD)

Hilltop Holdings Inc. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,357 shares of the exchange traded fund’s stock after acquiring an additional 13,947 shares during the quarter. SPDR Gold Shares makes up about 1.7% of Hilltop Holdings Inc.’s portfolio, making the stock its 4th biggest holding. Hilltop Holdings Inc.’s holdings in SPDR Gold Shares were worth $14,597,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in GLD. International Assets Investment Management LLC grew its holdings 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 buying an additional 2,424,904 shares in the last quarter. Toronto Dominion Bank boosted its holdings 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 valued at $799,007,000 after purchasing an additional 591,368 shares during the period. Euclidean Capital LLC grew its position in shares of SPDR Gold Shares by 91.4% during the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after purchasing an additional 507,500 shares in the last quarter. Dagco Inc. increased its holdings in shares of SPDR Gold Shares by 24,465.7% during the third quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock worth $66,546,000 after purchasing an additional 386,558 shares during the period. Finally, Bailard Inc. raised its position in shares of SPDR Gold Shares by 5,040.4% in the fourth quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock valued at $66,774,000 after buying an additional 342,496 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.1 %

Shares of GLD stock traded up $0.20 during trading on Friday, hitting $215.92. The company had a trading volume of 4,212,379 shares, compared to its average volume of 7,236,997. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.66. The stock’s 50-day moving average price is $213.86 and its 200 day moving average price is $197.63.

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).