Stock Yards Bank & Trust Co. increased its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,706 shares of the exchange traded fund’s stock after buying an additional 598 shares during the period. Stock Yards Bank & Trust Co.’s holdings in SPDR Gold Shares were worth $8,848,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Murphy & Mullick Capital Management Corp bought a new position in SPDR Gold Shares in the 4th quarter valued at about $26,000. Roxbury Financial LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $31,000. PayPay Securities Corp lifted its position in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares in the last quarter. Compass Planning Associates Inc bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $39,000. Finally, Pittenger & Anderson Inc. lifted its position in shares of SPDR Gold Shares by 25.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 41 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Up 1.3%
Shares of GLD stock opened at $316.29 on Friday. The company has a 50 day moving average of $303.57 and a 200-day moving average of $274.67. SPDR Gold Shares has a 12-month low of $212.12 and a 12-month high of $317.63. The firm has a market cap of $103.43 billion, a P/E ratio of -32.43 and a beta of 0.11.
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).
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