Nordea Investment Management AB Purchases 3,200 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Nordea Investment Management AB raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 35.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,326 shares of the exchange traded fund’s stock after acquiring an additional 3,200 shares during the period. Nordea Investment Management AB’s holdings in SPDR Gold Shares were worth $1,504,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Live Your Vision LLC grew its holdings in shares of SPDR Gold Shares by 263.5% during the first quarter. Live Your Vision LLC now owns 229 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 166 shares in the last quarter. ERTS Wealth Advisors LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at about $30,000. Nalls Sherbakoff Group LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at about $35,000. Howe & Rusling Inc. grew its stake in SPDR Gold Shares by 81.8% in the first quarter. Howe & Rusling Inc. now owns 289 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 130 shares in the last quarter. Finally, Burt Wealth Advisors grew its stake in SPDR Gold Shares by 800.0% in the first quarter. Burt Wealth Advisors now owns 315 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 280 shares in the last quarter.

Shares of NYSEARCA:GLD traded down $2.01 on Friday, reaching $134.47. The company had a trading volume of 18,072,932 shares, compared to its average volume of 8,130,303. SPDR Gold Shares has a twelve month low of $111.06 and a twelve month high of $136.63. The company has a 50-day moving average of $130.00.

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).

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

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