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Institutional investors boosted their holdings in the SPDR Gold Shares ETF, now owning about 42% of GLD.
Several institutional investors increased their holdings in SPDR Gold Shares (GLD) ETF in the fourth quarter, including Hilltop National Bank, A.D. Beadell Investment Counsel Inc., and Avondale Wealth Management.
Institutional investors now own about 42% of the ETF.
The GLD ETF aims to reflect the price of gold bullion, less its expenses, and has a 52-week price range of $183.78 to $257.71.
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Los inversores institucionales impulsaron sus participaciones en el SPDR Gold Shares ETF, que ahora posee alrededor del 42% de GLD.