Children s Medical Center Corp Takes $88.73 Million Position in SPDR Gold Shares $GLD

Children s Medical Center Corp purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 223,901 shares of the exchange traded fund’s stock, valued at approximately $88,734,000. SPDR Gold Shares accounts for 100.0% of Children s Medical Center Corp’s holdings, making the stock its largest position. Children s Medical Center Corp owned 0.06% of SPDR Gold Shares at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. WPG Advisers LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at about $25,000. Chapman Financial Group LLC bought a new stake in shares of SPDR Gold Shares during the second quarter valued at about $26,000. Hopwood Financial Services Inc. bought a new stake in shares of SPDR Gold Shares during the third quarter valued at about $27,000. Vestwell Advisors LLC bought a new stake in shares of SPDR Gold Shares during the third quarter valued at about $27,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in shares of SPDR Gold Shares during the third quarter valued at about $31,000. 42.19% of the stock is currently owned by institutional investors.

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SPDR Gold Shares Price Performance

Shares of GLD opened at $433.25 on Monday. The business’s 50-day moving average price is $446.89 and its 200-day moving average price is $419.07. SPDR Gold Shares has a twelve month low of $291.78 and a twelve month high of $509.70. The stock has a market cap of $160.69 billion, a PE ratio of -32.43 and a beta of 0.20.

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.

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

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