Union Bancaire Privee UBP SA Has $10.08 Million Position in SPDR Gold Shares $GLD

Union Bancaire Privee UBP SA lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,354 shares of the exchange traded fund’s stock after purchasing an additional 5,250 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in SPDR Gold Shares were worth $10,079,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Chapman Financial Group LLC acquired a new stake in SPDR Gold Shares in the second quarter valued at approximately $26,000. Traub Capital Management LLC bought a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $34,000. Kilter Group LLC acquired a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at $34,000. Legacy Wealth Managment LLC ID boosted its holdings in shares of SPDR Gold Shares by 51.1% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 46 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in SPDR Gold Shares during the 2nd quarter worth $43,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.0%

Shares of GLD opened at $395.89 on Wednesday. The stock has a market cap of $143.27 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $238.73 and a 12-month high of $403.30. The business has a 50-day simple moving average of $379.69 and a two-hundred day simple moving average of $340.08.

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).