SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Argent Trust Co

Argent Trust Co raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,960 shares of the exchange traded fund’s stock after buying an additional 1,288 shares during the quarter. Argent Trust Co’s holdings in SPDR Gold Shares were worth $3,138,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp acquired a new stake in SPDR Gold Shares during the 4th quarter worth about $26,000. Roxbury Financial LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at $31,000. PayPay Securities Corp raised its position in shares of SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the period. Keystone Financial Group Inc. purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth about $39,000. Finally, Compass Planning Associates Inc purchased a new position in SPDR Gold Shares during the fourth quarter worth approximately $39,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $292.35 on Friday. SPDR Gold Shares has a 12 month low of $210.71 and a 12 month high of $298.49. The stock has a market capitalization of $87.88 billion, a PE ratio of -30.67 and a beta of 0.17. The business has a 50 day simple moving average of $273.88 and a 200-day simple moving average of $256.20.

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).