Baldwin Brothers Inc. MA Increases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

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Baldwin Brothers Inc. MA boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 18.5% during the 3rd quarter, Holdings Channel reports. The firm owned 64,658 shares of the exchange traded fund’s stock after buying an additional 10,097 shares during the quarter. SPDR Gold Shares makes up about 1.6% of Baldwin Brothers Inc. MA’s holdings, making the stock its 23rd biggest position. Baldwin Brothers Inc. MA’s holdings in SPDR Gold Shares were worth $11,452,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in GLD. FMR LLC raised its position in shares of SPDR Gold Shares by 1,211.6% during the 1st quarter. FMR LLC now owns 105,272 shares of the exchange traded fund’s stock valued at $12,844,000 after buying an additional 97,246 shares in the last quarter. BFAM Partners Cayman Ltd purchased a new stake in shares of SPDR Gold Shares during the 1st quarter valued at about $13,709,000. Eaton Vance Management raised its position in shares of SPDR Gold Shares by 2.8% during the 1st quarter. Eaton Vance Management now owns 9,115 shares of the exchange traded fund’s stock valued at $1,349,000 after buying an additional 251 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of SPDR Gold Shares by 7.2% during the 1st quarter. Thrivent Financial for Lutherans now owns 50,870 shares of the exchange traded fund’s stock valued at $7,523,000 after buying an additional 3,427 shares in the last quarter. Finally, Independent Family Office LLC raised its position in shares of SPDR Gold Shares by 26.4% during the 1st quarter. Independent Family Office LLC now owns 49,986 shares of the exchange traded fund’s stock valued at $7,400,000 after buying an additional 10,428 shares in the last quarter.

Shares of NYSEARCA GLD traded down $0.62 during mid-day trading on Friday, hitting $178.30. 7,262,158 shares of the company’s stock traded hands, compared to its average volume of 13,131,032. SPDR Gold Shares has a 1 year low of $136.12 and a 1 year high of $194.45. The company’s 50-day moving average is $180.45 and its two-hundred day moving average is $170.84.

SPDR Gold Shares 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).

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

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