James Hambro & Partners LLP Purchases 3,763 Shares of SPDR Gold Shares $GLD

James Hambro & Partners LLP lifted its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 6.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 58,542 shares of the exchange traded fund’s stock after purchasing an additional 3,763 shares during the quarter. SPDR Gold Shares accounts for approximately 0.7% of James Hambro & Partners LLP’s investment portfolio, making the stock its 23rd largest position. James Hambro & Partners LLP’s holdings in SPDR Gold Shares were worth $20,808,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. American National Bank & Trust boosted its stake in SPDR Gold Shares by 52.4% during the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 100 shares during the period. StrongBox Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 10.1% in the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after acquiring an additional 136 shares during the last quarter. Beaumont Financial Advisors LLC boosted its stake in shares of SPDR Gold Shares by 6.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after purchasing an additional 215 shares during the period. TD Private Client Wealth LLC grew its holdings in SPDR Gold Shares by 14.6% during the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after purchasing an additional 6,540 shares during the last quarter. Finally, ST Germain D J Co. Inc. grew its holdings in SPDR Gold Shares by 151.5% during the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after purchasing an additional 835 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Key Headlines Impacting SPDR Gold Shares

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SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $413.64 on Wednesday. SPDR Gold Shares has a 1 year low of $239.58 and a 1 year high of $413.76. The firm has a 50-day simple moving average of $382.75 and a two-hundred day simple moving average of $343.41. The company has a market cap of $149.70 billion, a P/E ratio of -32.43 and a beta of 0.09.

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.

Further Reading

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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