Roberts Glore & Co. Inc. IL Purchases New Stake in SPDR Gold Shares $GLD

Roberts Glore & Co. Inc. IL acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,305 shares of the exchange traded fund’s stock, valued at approximately $464,000.

Several other institutional investors also recently added to or reduced their stakes in GLD. Chapman Financial Group LLC purchased a new position in shares of SPDR Gold Shares during the 2nd quarter valued at $26,000. Hopwood Financial Services Inc. bought a new stake in SPDR Gold Shares in the third quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of SPDR Gold Shares in the third quarter valued at about $31,000. Traub Capital Management LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth approximately $34,000. Finally, Kilter Group LLC bought a new stake in SPDR Gold Shares during the 2nd quarter valued at approximately $34,000. Institutional investors own 42.19% of the company’s stock.

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SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $473.42 on Thursday. SPDR Gold Shares has a 1 year low of $261.25 and a 1 year high of $509.70. The stock has a market cap of $179.95 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm has a 50-day moving average of $437.57 and a 200 day moving average of $385.57.

About SPDR Gold Shares

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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