James Hambro & Partners LLP Has $23.95 Million Stock Holdings in SPDR Gold Shares $GLD

James Hambro & Partners LLP grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 3.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 60,438 shares of the exchange traded fund’s stock after acquiring an additional 1,896 shares during the quarter. SPDR Gold Shares comprises about 0.9% of James Hambro & Partners LLP’s portfolio, making the stock its 21st biggest holding. James Hambro & Partners LLP’s holdings in SPDR Gold Shares were worth $23,952,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Empirical Asset Management LLC lifted its holdings in shares of SPDR Gold Shares by 256.7% during the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after acquiring an additional 26,197 shares during the period. Colonial Trust Advisors increased its stake in SPDR Gold Shares by 7.6% in the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after acquiring an additional 1,385 shares during the last quarter. Spirepoint Private Client LLC acquired a new position in SPDR Gold Shares during the third quarter valued at approximately $742,000. FAS Wealth Partners Inc. raised its position in SPDR Gold Shares by 71.1% during the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock valued at $7,435,000 after purchasing an additional 8,691 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in SPDR Gold Shares by 19.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock worth $12,964,000 after purchasing an additional 5,932 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $414.58 on Tuesday. The stock’s fifty day moving average price is $455.62 and its two-hundred day moving average price is $407.50. The company has a market cap of $157.58 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70.

Key Headlines Impacting SPDR Gold Shares

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About SPDR Gold Shares

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

See Also

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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