SPDR Gold Shares (NYSEARCA:GLD) Position Raised by Aspect Partners LLC

Aspect Partners LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 176.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,218 shares of the exchange traded fund’s stock after buying an additional 20,568 shares during the quarter. SPDR Gold Shares makes up approximately 5.3% of Aspect Partners LLC’s portfolio, making the stock its 3rd biggest holding. Aspect Partners LLC’s holdings in SPDR Gold Shares were worth $9,283,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GLD. Murphy & Mullick Capital Management Corp bought a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $26,000. HWG Holdings LP purchased a new position in shares of SPDR Gold Shares in the first quarter worth $53,000. American National Bank & Trust increased its stake in shares of SPDR Gold Shares by 189.4% in the first quarter. American National Bank & Trust now owns 191 shares of the exchange traded fund’s stock worth $55,000 after buying an additional 125 shares during the period. Inlight Wealth Management LLC purchased a new position in SPDR Gold Shares during the 1st quarter valued at $55,000. Finally, Mattson Financial Services LLC purchased a new position in SPDR Gold Shares during the 4th quarter valued at $56,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $306.78 on Friday. The company has a 50-day moving average of $306.41 and a 200 day moving average of $278.74. The firm has a market cap of $102.28 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 1 year low of $214.45 and a 1 year high of $317.63.

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).