SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 232.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. 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 quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clarus Group Inc. boosted its stake in SPDR Gold Shares by 2.2% during the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 40 shares during the period. Kellett Wealth Advisors LLC lifted its stake in shares of SPDR Gold Shares by 3.6% in the 4th quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after acquiring an additional 40 shares during the period. Magnus Financial Group LLC lifted its stake in shares of SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after acquiring an additional 41 shares during the period. Pittenger & Anderson Inc. lifted its stake in shares of SPDR Gold Shares by 25.9% in the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 41 shares during the period. Finally, Gradient Capital Advisors LLC lifted its stake in shares of SPDR Gold Shares by 0.7% in the 4th quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock worth $1,391,000 after acquiring an additional 42 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.6 %

Shares of NYSEARCA:GLD opened at $263.27 on Friday. The company has a 50 day moving average of $255.57 and a 200-day moving average of $246.81. The firm has a market cap of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a twelve month low of $189.23 and a twelve month high of $272.32.

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).