Climber Capital SA Invests $9.68 Million in SPDR Gold Shares (NYSEARCA:GLD)

Climber Capital SA acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 42,888 shares of the exchange traded fund’s stock, valued at approximately $9,684,000. SPDR Gold Shares makes up about 7.4% of Climber Capital SA’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds also recently bought and sold shares of the stock. Murphy & Mullick Capital Management Corp purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth $26,000. Roxbury Financial LLC purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at about $31,000. PayPay Securities Corp boosted its holdings in shares of SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 47 shares in the last quarter. Keystone Financial Group Inc. purchased a new position in shares of SPDR Gold Shares in the 4th quarter worth approximately $39,000. Finally, Compass Planning Associates Inc purchased a new stake in SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

Shares of GLD opened at $288.16 on Thursday. The company has a market cap of $86.62 billion, a price-to-earnings ratio of -30.67 and a beta of 0.17. SPDR Gold Shares has a twelve month low of $210.30 and a twelve month high of $291.22. The company has a 50 day moving average of $269.78 and a two-hundred day moving average of $253.99.

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).