3,660 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by Waterloo Capital L.P.

Waterloo Capital L.P. bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,660 shares of the exchange traded fund’s stock, valued at approximately $886,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. Murphy & Mullick Capital Management Corp bought a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $26,000. Roxbury Financial LLC bought a new stake in SPDR Gold Shares during the fourth quarter worth $31,000. PayPay Securities Corp lifted its stake in SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares during the last quarter. Keystone Financial Group Inc. acquired a new stake in SPDR Gold Shares in the fourth quarter valued at $39,000. Finally, Compass Planning Associates Inc bought a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $39,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $279.72 on Monday. SPDR Gold Shares has a 52-week low of $210.71 and a 52-week high of $289.13. The stock has a market cap of $84.08 billion, a price-to-earnings ratio of -30.67 and a beta of 0.17. The firm’s 50-day moving average is $270.91 and its 200-day moving average is $254.76.

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).