Flputnam Investment Management Co. Has $2.59 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Flputnam Investment Management Co. grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,683 shares of the exchange traded fund’s stock after buying 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 large investors also recently modified their holdings of the stock. Ashton Thomas Securities LLC acquired a new stake in SPDR Gold Shares in the third quarter worth $28,000. Roxbury Financial LLC acquired a new position in shares of SPDR Gold Shares during the fourth quarter valued at about $31,000. PayPay Securities Corp boosted its position in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at about $35,000. Finally, Pittenger & Anderson Inc. bought a new stake in SPDR Gold Shares in the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $263.27 on Friday. The stock’s 50 day simple moving average is $255.57 and its 200 day simple moving average is $246.81. The company has a market cap of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a fifty-two week low of $189.23 and a fifty-two week high of $272.32.

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).