SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Increased by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 232.1% during the fourth quarter, Holdings Channel reports. The firm owned 631 shares of the exchange traded fund’s stock after purchasing an additional 441 shares during the period. Parkside Financial Bank & Trust’s holdings in SPDR Gold Shares were worth $153,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLD. Creative Financial Designs Inc. ADV raised its holdings in shares of SPDR Gold Shares by 14.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 3,597 shares of the exchange traded fund’s stock worth $874,000 after purchasing an additional 456 shares in the last quarter. Atlas Financial Advisors Inc. raised its holdings in shares of SPDR Gold Shares by 12.9% during the third quarter. Atlas Financial Advisors Inc. now owns 2,966 shares of the exchange traded fund’s stock valued at $721,000 after acquiring an additional 340 shares during the period. Chicago Partners Investment Group LLC raised its holdings in shares of SPDR Gold Shares by 9.9% during the third quarter. Chicago Partners Investment Group LLC now owns 2,602 shares of the exchange traded fund’s stock valued at $653,000 after acquiring an additional 234 shares during the period. Vigilare Wealth Management raised its holdings in shares of SPDR Gold Shares by 20.2% during the third quarter. Vigilare Wealth Management now owns 35,826 shares of the exchange traded fund’s stock valued at $8,708,000 after acquiring an additional 6,021 shares during the period. Finally, F M Investments LLC acquired a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $234,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $263.27 on Friday. SPDR Gold Shares has a 52-week low of $189.23 and a 52-week high of $272.32. The company’s 50 day simple moving average is $255.57 and its 200-day simple moving average is $246.81. The firm has a market capitalization of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20.

About SPDR Gold Shares

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).