Bank of New York Mellon Corp Raises Stake in SPDR Gold Shares (GLD)

Bank of New York Mellon Corp lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 524,637 shares of the exchange traded fund’s stock after purchasing an additional 9,890 shares during the quarter. Bank of New York Mellon Corp owned about 0.20% of SPDR Gold Shares worth $59,159,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Ruffer LLP acquired a new stake in shares of SPDR Gold Shares during the third quarter worth about $350,000. Hudson Capital Management LLC raised its holdings in SPDR Gold Shares by 5.3% in the third quarter. Hudson Capital Management LLC now owns 31,389 shares of the exchange traded fund’s stock valued at $3,539,000 after acquiring an additional 1,572 shares in the last quarter. CENTRAL TRUST Co raised its holdings in SPDR Gold Shares by 2.1% in the third quarter. CENTRAL TRUST Co now owns 103,832 shares of the exchange traded fund’s stock valued at $11,709,000 after acquiring an additional 2,177 shares in the last quarter. Bruderman Asset Management LLC raised its holdings in SPDR Gold Shares by 15.0% in the second quarter. Bruderman Asset Management LLC now owns 31,317 shares of the exchange traded fund’s stock valued at $3,716,000 after acquiring an additional 4,080 shares in the last quarter. Finally, Rehmann Capital Advisory Group raised its holdings in SPDR Gold Shares by 14.9% in the second quarter. Rehmann Capital Advisory Group now owns 16,148 shares of the exchange traded fund’s stock valued at $1,916,000 after acquiring an additional 2,094 shares in the last quarter.

Shares of NYSEARCA:GLD opened at $121.59 on Friday. SPDR Gold Shares has a fifty-two week low of $111.06 and a fifty-two week high of $129.51.

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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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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