Excalibur Management Corp Purchases 171 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Excalibur Management Corp boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,646 shares of the exchange traded fund’s stock after purchasing an additional 171 shares during the period. Excalibur Management Corp’s holdings in SPDR Gold Shares were worth $1,609,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GLD. Proficio Capital Partners LLC raised its holdings in shares of 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 buying an additional 60,504,152 shares during the period. Raymond James Financial Inc. bought a new stake in shares of SPDR Gold Shares during the fourth quarter worth $450,109,000. Wealthfront Advisers LLC boosted its stake in shares of SPDR Gold Shares by 1,374.2% during the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock valued at $271,568,000 after purchasing an additional 1,045,499 shares during the period. Commonwealth Equity Services LLC lifted its holdings in SPDR Gold Shares by 3.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 980,065 shares of the exchange traded fund’s stock valued at $237,303,000 after buying an additional 32,712 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in 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 in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.4 %

Shares of NYSEARCA GLD opened at $278.47 on Wednesday. SPDR Gold Shares has a twelve month low of $201.07 and a twelve month high of $281.48. The firm has a market cap of $83.71 billion, a PE ratio of -29.30 and a beta of 0.20. The business has a fifty day simple moving average of $265.73 and a two-hundred day simple moving average of $252.00.

SPDR Gold Shares 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).