SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Bailard Inc.

Bailard Inc. increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 325,708 shares of the exchange traded fund’s stock after purchasing an additional 426 shares during the quarter. SPDR Gold Shares accounts for approximately 2.0% of Bailard Inc.’s investment portfolio, making the stock its 8th largest holding. Bailard Inc. owned 0.11% of SPDR Gold Shares worth $78,864,000 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 company. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the third quarter valued at approximately $28,000. Roxbury Financial LLC acquired a new position in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. PayPay Securities Corp lifted its holdings in SPDR Gold Shares by 55.3% in the fourth 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 during the period. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares in the third quarter valued at approximately $35,000. Finally, Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.6 %

Shares of NYSEARCA:GLD opened at $263.27 on Friday. SPDR Gold Shares has a 12-month low of $189.23 and a 12-month high of $272.32. The company has a market capitalization of $79.14 billion, a PE ratio of -28.59 and a beta of 0.20. The business has a 50 day moving average of $255.57 and a two-hundred day moving average of $246.81.

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).