Lesa Sroufe & Co Acquires Shares of 1,620 SPDR Gold Shares (NYSEARCA:GLD)

Lesa Sroufe & Co acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,620 shares of the exchange traded fund’s stock, valued at approximately $467,000.

Several other large investors also recently added to or reduced their stakes in the stock. NBT Bank N A NY raised its holdings in shares of SPDR Gold Shares by 5.3% in the 1st quarter. NBT Bank N A NY now owns 9,292 shares of the exchange traded fund’s stock valued at $2,677,000 after purchasing an additional 469 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its holdings in shares of SPDR Gold Shares by 840.4% in the 1st quarter. Robertson Stephens Wealth Management LLC now owns 53,097 shares of the exchange traded fund’s stock valued at $15,299,000 after purchasing an additional 47,451 shares in the last quarter. Berkshire Bank bought a new stake in shares of SPDR Gold Shares in the 1st quarter valued at about $211,000. Kercheville Advisors LLC raised its holdings in shares of SPDR Gold Shares by 4.4% in the 1st quarter. Kercheville Advisors LLC now owns 6,764 shares of the exchange traded fund’s stock valued at $1,949,000 after purchasing an additional 285 shares in the last quarter. Finally, Consilium Wealth Advisory LLC raised its holdings in shares of SPDR Gold Shares by 7.7% in the 1st quarter. Consilium Wealth Advisory LLC now owns 22,879 shares of the exchange traded fund’s stock valued at $6,592,000 after purchasing an additional 1,628 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $311.78 on Tuesday. SPDR Gold Shares has a one year low of $212.12 and a one year high of $317.63. The firm has a market cap of $101.95 billion, a P/E ratio of -32.43 and a beta of 0.11. The firm has a 50-day simple moving average of $304.30 and a 200-day simple moving average of $275.57.

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).