Flputnam Investment Management Co. Acquires 74 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Flputnam Investment Management Co. grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 10,683 shares of the exchange traded fund’s stock after purchasing an additional 74 shares during the period. Flputnam Investment Management Co.’s holdings in SPDR Gold Shares were worth $2,587,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Creative Financial Designs Inc. ADV grew its position in SPDR Gold Shares by 14.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 3,597 shares of the exchange traded fund’s stock worth $874,000 after purchasing an additional 456 shares in the last quarter. Atlas Financial Advisors Inc. boosted its stake in shares of SPDR Gold Shares by 12.9% in the 3rd quarter. Atlas Financial Advisors Inc. now owns 2,966 shares of the exchange traded fund’s stock worth $721,000 after buying an additional 340 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of SPDR Gold Shares by 9.9% in the third quarter. Chicago Partners Investment Group LLC now owns 2,602 shares of the exchange traded fund’s stock valued at $653,000 after acquiring an additional 234 shares in the last quarter. Vigilare Wealth Management increased its position in shares of SPDR Gold Shares by 20.2% during the third quarter. Vigilare Wealth Management now owns 35,826 shares of the exchange traded fund’s stock valued at $8,708,000 after acquiring an additional 6,021 shares during the last quarter. Finally, F M Investments LLC bought a new stake in SPDR Gold Shares during the third quarter worth $234,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.6 %

GLD stock opened at $263.27 on Friday. SPDR Gold Shares has a 1-year low of $189.23 and a 1-year high of $272.32. The stock has a market cap of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20. The stock’s fifty day simple moving average is $255.57 and its two-hundred day simple moving average is $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).