SPDR Gold Shares (NYSEARCA:GLD) Holdings Raised by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,388 shares of the exchange traded fund’s stock after acquiring an additional 182 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in SPDR Gold Shares were worth $5,905,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Proficio Capital Partners LLC raised its position in SPDR Gold Shares by 24,245.2% in the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after acquiring an additional 60,504,152 shares in the last quarter. Raymond James Financial Inc. purchased a new position in SPDR Gold Shares in the 4th quarter worth about $450,109,000. Wealthfront Advisers LLC increased its stake in SPDR Gold Shares by 1,374.2% in the 4th quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock worth $271,568,000 after purchasing an additional 1,045,499 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in SPDR Gold Shares by 3.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 980,065 shares of the exchange traded fund’s stock worth $237,303,000 after purchasing an additional 32,712 shares in the last quarter. Finally, Stifel Financial Corp increased its stake in SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 1.2 %

Shares of GLD opened at $279.96 on Wednesday. The business’s 50-day moving average price is $262.46 and its 200 day moving average price is $250.30. The stock has a market capitalization of $84.16 billion, a P/E ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 1-year low of $198.94 and a 1-year high of $280.22.

SPDR Gold Shares Company 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).