Tranquilli Financial Advisor LLC Has $362,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Tranquilli Financial Advisor LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 37.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,258 shares of the exchange traded fund’s stock after acquiring an additional 346 shares during the period. Tranquilli Financial Advisor LLC’s holdings in SPDR Gold Shares were worth $362,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in GLD. Leigh Baldwin & CO. LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $401,829,000. DAVENPORT & Co LLC boosted its position in shares of SPDR Gold Shares by 105.3% during the 1st quarter. DAVENPORT & Co LLC now owns 45,496 shares of the exchange traded fund’s stock worth $13,109,000 after acquiring an additional 896,836 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its position in shares of SPDR Gold Shares by 604.5% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,947 shares of the exchange traded fund’s stock worth $158,174,000 after acquiring an additional 471,032 shares in the last quarter. 59 North Capital Management LP boosted its position in shares of SPDR Gold Shares by 116.1% during the 4th quarter. 59 North Capital Management LP now owns 716,178 shares of the exchange traded fund’s stock worth $173,408,000 after acquiring an additional 384,840 shares in the last quarter. Finally, Natixis boosted its position in shares of SPDR Gold Shares by 107.1% during the 4th quarter. Natixis now owns 14,166 shares of the exchange traded fund’s stock worth $3,430,000 after acquiring an additional 213,277 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.0%

NYSEARCA GLD opened at $313.05 on Monday. The firm has a market capitalization of $103.87 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The firm’s 50 day simple moving average is $308.65 and its 200 day simple moving average is $292.76. SPDR Gold Shares has a 1 year low of $223.82 and a 1 year high of $317.63.

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).

See Also

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

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