SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,199 shares of the exchange traded fund’s stock after acquiring an additional 300 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in SPDR Gold Shares were worth $2,362,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Murphy & Mullick Capital Management Corp purchased a new stake in SPDR Gold Shares during the fourth quarter worth about $26,000. Roxbury Financial LLC purchased a new stake in SPDR Gold Shares during the fourth quarter worth about $31,000. PayPay Securities Corp boosted its holdings in SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares in the last quarter. Compass Planning Associates Inc purchased a new stake in SPDR Gold Shares during the fourth quarter worth about $39,000. Finally, Pittenger & Anderson Inc. boosted its holdings in SPDR Gold Shares by 25.9% during the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 41 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.5%

GLD stock opened at $308.37 on Thursday. The company has a market cap of $100.84 billion, a P/E ratio of -32.43 and a beta of 0.11. SPDR Gold Shares has a 52 week low of $212.12 and a 52 week high of $317.63. The company’s 50-day moving average price is $301.98 and its 200 day moving average price is $273.69.

SPDR Gold Shares Company 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).