Vista Investment Partners II LLC Makes New $269,000 Investment in SPDR Gold Shares (NYSEARCA:GLD)

Vista Investment Partners II LLC bought a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,112 shares of the exchange traded fund’s stock, valued at approximately $269,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in SPDR Gold Shares during the third quarter valued at about $35,000. Leavell Investment Management Inc. boosted its stake in SPDR Gold Shares by 9.0% during the 3rd quarter. Leavell Investment Management Inc. now owns 2,856 shares of the exchange traded fund’s stock valued at $694,000 after purchasing an additional 237 shares during the period. Verdence Capital Advisors LLC increased its position in SPDR Gold Shares by 1.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 5,753 shares of the exchange traded fund’s stock worth $1,398,000 after buying an additional 92 shares during the period. Assetmark Inc. increased its position in SPDR Gold Shares by 36.2% during the third quarter. Assetmark Inc. now owns 71,863 shares of the exchange traded fund’s stock worth $17,467,000 after acquiring an additional 19,107 shares during the period. Finally, Objective Capital Management LLC acquired a new position in SPDR Gold Shares during the 3rd quarter valued at $220,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $268.39 on Monday. SPDR Gold Shares has a twelve month low of $198.94 and a twelve month high of $272.32. The stock has a market cap of $80.68 billion, a PE ratio of -28.59 and a beta of 0.20. The firm has a 50-day simple moving average of $258.24 and a 200 day simple moving average of $248.27.

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).