December 12, 2024
Victory Capital Management Inc. Has $13.39 Million Position in SPDR Gold Shares (NYSEARCA:GLD)



Victory Capital Management Inc. cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 72.9% in the fourth quarter, Holdings Channel reports. The fund owned 70,056 shares of the exchange traded fund’s stock after selling 188,336 shares during the period. Victory Capital Management Inc.’s holdings in SPDR Gold Shares were worth $13,393,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. First Personal Financial Services bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at about $25,000. Johnson Midwest Financial LLC raised its holdings in shares of SPDR Gold Shares by 350.0% in the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 140 shares during the last quarter. Private Ocean LLC raised its holdings in shares of SPDR Gold Shares by 232.7% in the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 114 shares during the last quarter. Naples Money Management LLC bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at about $31,000. Finally, GAMMA Investing LLC bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at about $33,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.8 %

SPDR Gold Shares stock opened at $218.71 on Friday. The stock has a 50-day simple moving average of $209.81 and a 200 day simple moving average of $194.93. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09.

About SPDR Gold Shares

(Free Report)

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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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).

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



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