Roman Butler Fullerton & Co. Has $564,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Roman Butler Fullerton & Co. lessened its position in SPDR Gold Shares (NYSEARCA:GLD) by 10.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,894 shares of the exchange traded fund’s stock after selling 228 shares during the period. Roman Butler Fullerton & Co.’s holdings in SPDR Gold Shares were worth $564,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of GLD. Proficio Capital Partners LLC grew its stake in SPDR Gold Shares by 24,245.2% in the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock valued at $14,710,294,000 after buying an additional 60,504,152 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of SPDR Gold Shares during the fourth quarter worth approximately $450,109,000. Leigh Baldwin & CO. LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter worth approximately $401,829,000. Wealthfront Advisers LLC grew its position in shares of SPDR Gold Shares by 1,374.2% in the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock valued at $271,568,000 after purchasing an additional 1,045,499 shares during the last quarter. Finally, Mizuho Bank Ltd. bought a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $145,278,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

GLD opened at $311.94 on Wednesday. SPDR Gold Shares has a fifty-two week low of $212.12 and a fifty-two week high of $317.63. The stock has a fifty day moving average of $304.84 and a 200-day moving average of $275.83. The company has a market capitalization of $102.00 billion, a P/E ratio of -32.43 and a beta of 0.11.

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).