Banco Santander S.A. Buys 35,116 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Banco Santander S.A. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 21.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 195,837 shares of the exchange traded fund’s stock after buying an additional 35,116 shares during the period. Banco Santander S.A.’s holdings in SPDR Gold Shares were worth $47,418,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC lifted its stake in SPDR Gold Shares by 24,245.2% during the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after purchasing an additional 60,504,152 shares during the period. Raymond James Financial Inc. bought a new position in SPDR Gold Shares during the fourth quarter worth about $450,109,000. Strategic Financial Concepts LLC lifted its stake in SPDR Gold Shares by 24,600.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares during the period. Diversify Advisory Services LLC lifted its stake in SPDR Gold Shares by 446.0% during the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after purchasing an additional 195,520 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after purchasing an additional 146,271 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.1 %

NYSEARCA:GLD opened at $268.39 on Friday. SPDR Gold Shares has a 1 year low of $198.94 and a 1 year high of $272.32. The firm has a 50 day moving average of $258.24 and a 200-day moving average of $248.05. The stock has a market capitalization of $80.68 billion, a P/E ratio of -28.59 and a beta of 0.20.

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).