Climber Capital SA Acquires New Position in SPDR Gold Shares (NYSEARCA:GLD)

Climber Capital SA purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 42,888 shares of the exchange traded fund’s stock, valued at approximately $9,684,000. SPDR Gold Shares accounts for 7.4% of Climber Capital SA’s investment portfolio, making the stock its 3rd largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Murphy & Mullick Capital Management Corp bought a new stake in SPDR Gold Shares during the 4th quarter valued at about $26,000. Roxbury Financial LLC purchased a new position in SPDR Gold Shares in the 4th quarter worth approximately $31,000. PayPay Securities Corp lifted its position in SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. purchased a new stake in SPDR Gold Shares during the 4th quarter valued at $39,000. Finally, Compass Planning Associates Inc bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth $39,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

Shares of GLD stock opened at $288.16 on Thursday. The company has a 50 day moving average price of $269.78 and a 200-day moving average price of $253.99. SPDR Gold Shares has a 52 week low of $210.30 and a 52 week high of $291.22. The firm has a market capitalization of $86.62 billion, a PE ratio of -30.67 and a beta of 0.17.

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).