Compagnie Lombard Odier SCmA Has $484,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Compagnie Lombard Odier SCmA cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 31.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,680 shares of the exchange traded fund’s stock after selling 762 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in SPDR Gold Shares were worth $484,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $26,000. Roxbury Financial LLC acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $31,000. PayPay Securities Corp raised its position in shares of 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 purchasing an additional 47 shares during the period. Compass Planning Associates Inc acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $39,000. Finally, Pittenger & Anderson Inc. raised its position in shares of 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 purchasing an additional 41 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.2%

Shares of NYSEARCA:GLD opened at $312.20 on Friday. SPDR Gold Shares has a twelve month low of $212.12 and a twelve month high of $317.63. The stock’s 50 day moving average is $302.75 and its 200-day moving average is $274.17. The firm has a market capitalization of $102.09 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11.

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).