Evelyn Partners Investment Management Europe Ltd Has $21.91 Million Position in SPDR Gold Shares $GLD

Evelyn Partners Investment Management Europe Ltd lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 4.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 55,274 shares of the exchange traded fund’s stock after acquiring an additional 2,129 shares during the quarter. SPDR Gold Shares makes up about 7.1% of Evelyn Partners Investment Management Europe Ltd’s portfolio, making the stock its 2nd biggest holding. Evelyn Partners Investment Management Europe Ltd’s holdings in SPDR Gold Shares were worth $21,906,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Calder Financial LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $807,000. Crescent Grove Advisors LLC boosted its stake in shares of SPDR Gold Shares by 25.3% during the 4th quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after acquiring an additional 3,175 shares during the period. Empirical Asset Management LLC boosted its stake in shares of SPDR Gold Shares by 256.7% during the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after acquiring an additional 26,197 shares during the period. Colonial Trust Advisors boosted its stake in shares of SPDR Gold Shares by 7.6% during the 3rd quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock worth $7,010,000 after acquiring an additional 1,385 shares during the period. Finally, Ervin Investment Management LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $7,178,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.1%

Shares of NYSEARCA GLD opened at $386.54 on Friday. SPDR Gold Shares has a 12 month low of $299.89 and a 12 month high of $509.70. The stock has a 50 day moving average of $421.49 and a 200-day moving average of $427.68. The company has a market capitalization of $140.58 billion, a P/E ratio of -32.43 and a beta of 0.14.

SPDR Gold Shares News Summary

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

See Also

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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