Vantage Financial Partners LLC Increases Position in SPDR Gold Shares (NYSEARCA:GLD)

Vantage Financial Partners LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,122 shares of the exchange traded fund’s stock after purchasing an additional 89 shares during the period. Vantage Financial Partners LLC’s holdings in SPDR Gold Shares were worth $998,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Proficio Capital Partners LLC increased its stake in SPDR Gold Shares by 24,245.2% in the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after purchasing an additional 60,504,152 shares during the period. Stifel Financial Corp grew its holdings in shares of SPDR Gold Shares by 13.9% in the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares during the last quarter. State Street Corp increased its stake in SPDR Gold Shares by 6.6% in the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after buying an additional 47,507 shares during the period. US Bancorp DE lifted its holdings in SPDR Gold Shares by 0.5% during the 4th quarter. US Bancorp DE now owns 695,118 shares of the exchange traded fund’s stock valued at $168,309,000 after buying an additional 3,470 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in SPDR Gold Shares by 4.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after buying an additional 30,952 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $269.06 on Wednesday. The company has a market capitalization of $80.88 billion, a P/E ratio of -28.59 and a beta of 0.20. The company’s 50-day simple moving average is $256.64 and its two-hundred day simple moving average is $247.49. SPDR Gold Shares has a one year low of $196.65 and a one year high of $272.32.

About SPDR Gold Shares

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).