SPDR Gold Shares $GLD Holdings Boosted by Arnhold LLC

Arnhold LLC boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 3.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 504,433 shares of the exchange traded fund’s stock after purchasing an additional 16,558 shares during the period. SPDR Gold Shares accounts for 15.2% of Arnhold LLC’s investment portfolio, making the stock its biggest holding. Arnhold LLC’s holdings in SPDR Gold Shares were worth $199,912,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC grew its position in SPDR Gold Shares by 5.0% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 3,959 shares of the exchange traded fund’s stock worth $1,569,000 after purchasing an additional 188 shares in the last quarter. GatePass Capital LLC grew its holdings in shares of SPDR Gold Shares by 51.3% during the 4th quarter. GatePass Capital LLC now owns 911 shares of the exchange traded fund’s stock valued at $361,000 after acquiring an additional 309 shares in the last quarter. Sterling Investment Advisors Ltd. grew its holdings in shares of SPDR Gold Shares by 22,224.6% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 127,027 shares of the exchange traded fund’s stock valued at $50,342,000 after acquiring an additional 126,458 shares in the last quarter. Allied Investment Advisors LLC grew its holdings in shares of SPDR Gold Shares by 526.6% during the 4th quarter. Allied Investment Advisors LLC now owns 6,629 shares of the exchange traded fund’s stock valued at $2,627,000 after acquiring an additional 5,571 shares in the last quarter. Finally, Global Assets Advisory LLC grew its holdings in shares of SPDR Gold Shares by 9.0% during the 4th quarter. Global Assets Advisory LLC now owns 7,321 shares of the exchange traded fund’s stock valued at $2,901,000 after acquiring an additional 602 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

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SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $413.82 on Tuesday. The company’s fifty day simple moving average is $428.71 and its 200-day simple moving average is $425.39. SPDR Gold Shares has a 12 month low of $299.89 and a 12 month high of $509.70. The stock has a market cap of $150.51 billion, a P/E ratio of -32.43 and a beta of 0.15.

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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