Banque Cantonale Vaudoise Purchases 4,106 Shares of SPDR Gold Shares $GLD

Banque Cantonale Vaudoise raised its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 108.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,893 shares of the exchange traded fund’s stock after buying an additional 4,106 shares during the quarter. Banque Cantonale Vaudoise’s holdings in SPDR Gold Shares were worth $2,805,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of GLD. Brighton Jones LLC grew its stake in shares of SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after acquiring an additional 1,903 shares during the last quarter. Bison Wealth LLC raised its holdings in SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after buying an additional 2,600 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in SPDR Gold Shares in the first quarter worth about $16,014,000. Schnieders Capital Management LLC. lifted its stake in shares of SPDR Gold Shares by 4.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock worth $1,829,000 after buying an additional 275 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of SPDR Gold Shares by 12.0% in the second quarter. Bank of New York Mellon Corp now owns 150,787 shares of the exchange traded fund’s stock worth $45,964,000 after buying an additional 16,187 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.1%

NYSEARCA:GLD opened at $477.86 on Wednesday. The stock has a market cap of $181.63 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The company’s 50 day moving average price is $450.04 and its 200-day moving average price is $396.75. SPDR Gold Shares has a 52 week low of $268.36 and a 52 week high of $509.70.

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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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