Swiss National Bank Boosts Stake in Allied Gold by 32.6%
The Swiss National Bank has significantly increased its stake in Allied Gold Corporation, a gold mining company listed on the New York Stock Exchange. In its latest 13F filing with the Securities & Exchange Commission, the fund revealed that it had lifted its position in shares of Allied Gold by 32.6% during the first quarter.
The Swiss National Bank now owns approximately 0.17% of Allied Gold's outstanding shares, worth around $6.5 million as of its most recent SEC filing. This is a notable increase from previous quarters, where other large investors have also been buying into the company.
Other major shareholders in Allied Gold include Bank of America Corp DE, which acquired a new position valued at over $13 million in the second quarter, and Vanguard Group Inc., which increased its holdings by 1,824.7% in the third quarter.