TD Asset Management Inc. Has $16.52 Million Holding in B2Gold Corp. (BTG)

TD Asset Management Inc. Has $16.52 Million Holding in B2Gold Corp. (BTG)

TD Asset Management Inc. lifted its position in shares of B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) by 16.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,655,181 shares of the basic materials company’s stock after purchasing an additional 805,000 shares during the period. TD Asset Management Inc. owned 0.57% of B2Gold worth $16,521,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Morgan Stanley lifted its holdings in B2Gold by 35.8% in the third quarter. Morgan Stanley now owns 6,463,297 shares of the basic materials company’s stock worth $14,866,000 after buying an additional 1,704,223 shares during the period. Jane Street Group LLC lifted its holdings in B2Gold by 286.9% in the third quarter. Jane Street Group LLC now owns 2,019,979 shares of the basic materials company’s stock worth $4,646,000 after buying an additional 1,497,850 shares during the period. Schroder Investment Management Group lifted its holdings in B2Gold by 127.1% in the third quarter. Schroder Investment Management Group now owns 2,642,672 shares of the basic materials company’s stock worth $7,658,000 after buying an additional 1,478,927 shares during the period. Vanguard Group Inc lifted its holdings in B2Gold by 5.3% in the third quarter. Vanguard Group Inc now owns 23,579,327 shares of the basic materials company’s stock worth $54,232,000 after buying an additional 1,181,591 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in B2Gold by 5.3% in the third quarter. Vanguard Group Inc. now owns 23,579,327 shares of the basic materials company’s stock worth $54,232,000 after buying an additional 1,181,591 shares during the period.

Shares of BTG traded down $0.04 on Monday, hitting $3.05. 92,333 shares of the stock traded hands, compared to its average volume of 4,086,752. B2Gold Corp. has a one year low of $2.10 and a one year high of $3.18.

Separately, Zacks Investment Research downgraded shares of B2Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, February 6th.

B2Gold Profile

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia. It primarily explores for gold and silver deposits. The company primarily holds 80% interest in Fekola mine, an open pit gold mine located in Mali; 90% interest in Otjikoto gold mine located north of Windhoek, Namibia; Masbate gold project located in the south-east of Manila, the Philippines; and 95% interest in El Limon mine, an underground gold mine located in northwestern Nicaragua.

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