Quintet Private Bank Europe S.A. Acquires 18,964 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Quintet Private Bank Europe S.A. lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6,539.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,254 shares of the exchange traded fund’s stock after acquiring an additional 18,964 shares during the period. Quintet Private Bank Europe S.A.’s holdings in SPDR Gold Shares were worth $4,662,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Proficio Capital Partners LLC lifted its position in shares of SPDR Gold Shares by 24,245.2% during the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock valued at $14,710,294,000 after acquiring an additional 60,504,152 shares during the period. Stifel Financial Corp raised 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 valued at $199,924,000 after purchasing an additional 100,149 shares in the last quarter. State Street Corp lifted its position in SPDR Gold Shares by 6.6% during the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after purchasing an additional 47,507 shares during the period. US Bancorp DE lifted its position in SPDR Gold Shares by 0.5% during the fourth quarter. US Bancorp DE now owns 695,118 shares of the exchange traded fund’s stock worth $168,309,000 after purchasing an additional 3,470 shares during the period. Finally, Rockefeller Capital Management L.P. grew its stake in SPDR Gold Shares by 4.9% during the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after buying an additional 30,952 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 0.6 %

GLD stock opened at $263.27 on Monday. The company’s 50-day moving average price is $255.57 and its two-hundred day moving average price is $246.95. SPDR Gold Shares has a 12 month low of $189.23 and a 12 month high of $272.32. The firm has a market cap of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20.

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).