SPDR Gold Shares (NYSEARCA:GLD) is Cerity Partners OCIO LLC’s 5th Largest Position

Cerity Partners OCIO LLC decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 342,592 shares of the exchange traded fund’s stock after selling 8,267 shares during the period. SPDR Gold Shares makes up 5.5% of Cerity Partners OCIO LLC’s investment portfolio, making the stock its 5th largest holding. Cerity Partners OCIO LLC owned 0.11% of SPDR Gold Shares worth $82,952,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Polymer Capital Management HK LTD raised its holdings in SPDR Gold Shares by 21.7% in the 4th quarter. Polymer Capital Management HK LTD now owns 16,100 shares of the exchange traded fund’s stock valued at $3,898,000 after acquiring an additional 2,868 shares during the last quarter. Sepio Capital LP increased its stake in SPDR Gold Shares by 0.5% in the fourth quarter. Sepio Capital LP now owns 16,975 shares of the exchange traded fund’s stock valued at $4,110,000 after purchasing an additional 79 shares during the last quarter. Waterloo Capital L.P. acquired a new stake in SPDR Gold Shares in the 4th quarter worth about $886,000. Peapack Gladstone Financial Corp grew its holdings in SPDR Gold Shares by 0.3% in the 4th quarter. Peapack Gladstone Financial Corp now owns 78,773 shares of the exchange traded fund’s stock valued at $19,074,000 after buying an additional 225 shares during the period. Finally, Cascades Capital Asset Management LLC acquired a new position in shares of SPDR Gold Shares during the 4th quarter valued at about $218,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $279.72 on Friday. The firm has a market capitalization of $84.08 billion, a price-to-earnings ratio of -30.67 and a beta of 0.17. SPDR Gold Shares has a one year low of $210.71 and a one year high of $289.13. The company has a 50 day moving average price of $270.91 and a 200 day moving average price of $254.62.

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).