SPDR Gold Shares $GLD Stock Holdings Increased by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 2,461.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,330 shares of the exchange traded fund’s stock after acquiring an additional 3,200 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in SPDR Gold Shares were worth $1,320,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of GLD. Empirical Asset Management LLC raised its stake in shares of SPDR Gold Shares by 256.7% in the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after buying an additional 26,197 shares in the last quarter. Colonial Trust Advisors lifted its holdings in shares of SPDR Gold Shares by 7.6% in the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after buying an additional 1,385 shares during the period. Spirepoint Private Client LLC bought a new position in SPDR Gold Shares during the third quarter valued at about $742,000. FAS Wealth Partners Inc. grew its holdings in SPDR Gold Shares by 71.1% during the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after acquiring an additional 8,691 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in SPDR Gold Shares by 19.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock worth $12,964,000 after acquiring an additional 5,932 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.9%

Shares of SPDR Gold Shares stock opened at $429.41 on Friday. SPDR Gold Shares has a 52 week low of $272.58 and a 52 week high of $509.70. The stock has a market cap of $163.22 billion, a PE ratio of -32.43 and a beta of 0.09. The company’s 50-day moving average price is $454.92 and its two-hundred day moving average price is $408.52.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

Further Reading

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

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