SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by SlateStone Wealth LLC

SlateStone Wealth LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,997 shares of the exchange traded fund’s stock after acquiring an additional 124 shares during the period. SlateStone Wealth LLC’s holdings in SPDR Gold Shares were worth $1,210,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. GSA Capital Partners LLP acquired a new stake in SPDR Gold Shares in the 3rd quarter worth about $564,000. CIBC Asset Management Inc boosted its stake in SPDR Gold Shares by 39.8% in the 3rd quarter. CIBC Asset Management Inc now owns 3,986 shares of the exchange traded fund’s stock worth $969,000 after buying an additional 1,134 shares during the last quarter. Coastline Trust Co acquired a new stake in SPDR Gold Shares in the 3rd quarter worth about $56,000. Sugar Maple Asset Management LLC boosted its stake in SPDR Gold Shares by 33.6% in the 3rd quarter. Sugar Maple Asset Management LLC now owns 38,215 shares of the exchange traded fund’s stock worth $9,289,000 after buying an additional 9,621 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in SPDR Gold Shares by 6.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 81,301 shares of the exchange traded fund’s stock worth $19,762,000 after buying an additional 5,111 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.0 %

Shares of NYSEARCA:GLD opened at $275.24 on Monday. The stock’s 50-day moving average price is $261.08 and its two-hundred day moving average price is $249.65. SPDR Gold Shares has a 12-month low of $198.94 and a 12-month high of $276.30. The firm has a market cap of $82.74 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20.

SPDR Gold Shares Profile

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).