American bank Morgan Stanley has become the new largest investor in the gold ETF-fund SPDR Gold Trust. In the 4th quarter of 2018, he increased the number of shares of this fund by 2 times. The investment company BlackRock also bought additional shares of ETF-fund.

As it became known recently, the investment bank Morgan Stanley bought 4,733,600 shares of the SPDR Gold Trust fund in the 4th quarter of 2018 in the amount of $ 590 million. Compared to the 3rd quarter, the number of shares in its portfolio increased 2 times. Now the bank owns 9,783,073 shares and is thus the largest investor in the ETDR fund SPDR Gold Trust. Such data was published by the US Securities and Exchange Commission. Once a quarter, large investment companies are required to publish data on the securities they buy and sell.

The previous largest holder of ETF-fund shares, Graham Kapital Investment, sold 10,000,000 shares in Q3 2018. He managed shares worth $ 1 billion.

BlackRock, the world's largest investment company, also bought shares in the gold ETF fund, increasing its stake by 88% to 2,046,924 shares for $ 255.45 million. Now BlackRock is in 11th place among the largest investors in the SPDR Gold Trust.

At the 10th place among the fund's investors is the German Commerzbank. In the 4th quarter of 2018, the bank increased its stake by 13% to 2,275,124 shares in the amount of $ 283.93 million.

The Gold ETF Fund SPDR Gold Trust is the largest in the world. Each share is provided with physical gold in the amount of 1/10 oz. The physical gold of the fund itself is stored in London.