SPDR Gold Trust (NYSEARCA:GLD) Holdings Raised by Ingalls & Snyder LLC

Ingalls & Snyder LLC boosted its holdings in shares of SPDR Gold Trust (NYSEARCA:GLD) by 13.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,825 shares of the exchange traded fund’s stock after purchasing an additional 3,050 shares during the quarter. Ingalls & Snyder LLC’s holdings in SPDR Gold Trust were worth $3,193,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of GLD. FMR LLC lifted its position in shares of SPDR Gold Trust by 49.6% in the second quarter. FMR LLC now owns 4,742,502 shares of the exchange traded fund’s stock valued at $559,710,000 after acquiring an additional 1,572,655 shares in the last quarter. CI Investments Inc. lifted its position in shares of SPDR Gold Trust by 442.2% in the third quarter. CI Investments Inc. now owns 1,449,429 shares of the exchange traded fund’s stock valued at $176,222,000 after acquiring an additional 1,182,100 shares in the last quarter. First Eagle Investment Management LLC increased its holdings in shares of SPDR Gold Trust by 17.3% in the third quarter. First Eagle Investment Management LLC now owns 6,299,803 shares of the exchange traded fund’s stock valued at $765,930,000 after purchasing an additional 928,321 shares during the last quarter. Point72 Asset Management L.P. increased its holdings in shares of SPDR Gold Trust by 106.0% in the third quarter. Point72 Asset Management L.P. now owns 24,000 shares of the exchange traded fund’s stock valued at $2,918,000 after purchasing an additional 424,000 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in shares of SPDR Gold Trust by 6,385.5% in the third quarter. Flow Traders U.S. LLC now owns 306,633 shares of the exchange traded fund’s stock valued at $37,280,000 after purchasing an additional 301,905 shares during the last quarter.

SPDR Gold Trust (NYSEARCA:GLD) traded down $0.21 during trading hours on Friday, hitting $124.77. The company had a trading volume of 2,320,000 shares. SPDR Gold Trust has a 12-month low of $114.02 and a 12-month high of $129.51. The firm has a market capitalization of $34,960.00 and a PE ratio of -14.34.

Separately, Standpoint Research increased their price target on SPDR Gold Trust to $28,000.00 in a report on Thursday, December 7th.

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About SPDR Gold Trust

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).

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

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