Edmond DE Rothschild Holding S.A. Increases Position in SPDR Gold Shares (NYSEARCA:GLD)

Edmond DE Rothschild Holding S.A. raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,395 shares of the exchange traded fund’s stock after buying an additional 472 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in SPDR Gold Shares were worth $12,686,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Goepper Burkhardt LLC boosted its stake in shares of SPDR Gold Shares by 9.7% during the 4th quarter. Goepper Burkhardt LLC now owns 1,640 shares of the exchange traded fund’s stock worth $397,000 after acquiring an additional 145 shares in the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of SPDR Gold Shares by 14.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 5,704 shares of the exchange traded fund’s stock valued at $1,381,000 after buying an additional 703 shares in the last quarter. Delos Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 9.2% during the 4th quarter. Delos Wealth Advisors LLC now owns 19,436 shares of the exchange traded fund’s stock worth $4,706,000 after buying an additional 1,640 shares during the last quarter. Holowesko Partners Ltd. boosted its position in shares of SPDR Gold Shares by 48.6% in the 4th quarter. Holowesko Partners Ltd. now owns 10,400 shares of the exchange traded fund’s stock worth $2,518,000 after buying an additional 3,400 shares in the last quarter. Finally, Ameraudi Asset Management Inc. grew its stake in SPDR Gold Shares by 133.8% in the 4th quarter. Ameraudi Asset Management Inc. now owns 4,084 shares of the exchange traded fund’s stock valued at $989,000 after acquiring an additional 2,337 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.7 %

Shares of GLD opened at $284.06 on Monday. SPDR Gold Shares has a 12-month low of $206.29 and a 12-month high of $288.32. The stock has a market cap of $85.39 billion, a P/E ratio of -29.30 and a beta of 0.20. The company has a 50-day moving average of $267.64 and a two-hundred day moving average of $253.04.

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).