Lanham O Dell & Company Inc. Acquires Shares of 2,032 SPDR Gold Shares (NYSEARCA:GLD)

Lanham O Dell & Company Inc. bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,032 shares of the exchange traded fund’s stock, valued at approximately $492,000. SPDR Gold Shares accounts for about 0.3% of Lanham O Dell & Company Inc.’s investment portfolio, making the stock its 10th biggest position.

Several other hedge funds also recently made changes to their positions in GLD. Proficio Capital Partners LLC raised its holdings in SPDR Gold Shares by 24,245.2% in the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock valued at $14,710,294,000 after acquiring an additional 60,504,152 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of SPDR Gold Shares by 24,600.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares during the period. Diversify Advisory Services LLC raised its stake in SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after purchasing an additional 146,271 shares during the period. Finally, Banco Santander S.A. grew its stake in SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after buying an additional 114,151 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Down 0.6 %

Shares of NYSEARCA:GLD opened at $263.27 on Monday. The firm has a 50 day moving average of $255.57 and a 200-day moving average of $246.95. SPDR Gold Shares has a 12 month low of $189.23 and a 12 month high of $272.32. The stock has a market capitalization of $79.14 billion, a PE ratio of -28.59 and a beta of 0.20.

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).