Stephens Inc. AR Raises Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

by · The Cerbat Gem

Stephens Inc. AR boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,009 shares of the exchange traded fund’s stock after acquiring an additional 1,685 shares during the period. Stephens Inc. AR’s holdings in SPDR Gold Shares were worth $11,240,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Principal Securities Inc. grew its stake in SPDR Gold Shares by 0.3% during the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock worth $2,968,000 after buying an additional 33 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in SPDR Gold Shares by 6.6% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after acquiring an additional 35 shares in the last quarter. Stewardship Advisors LLC grew its stake in shares of SPDR Gold Shares by 2.6% during the first quarter. Stewardship Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock worth $415,000 after acquiring an additional 36 shares during the last quarter. JBR Co Financial Management Inc grew its stake in shares of SPDR Gold Shares by 2.1% during the first quarter. JBR Co Financial Management Inc now owns 1,741 shares of the exchange traded fund’s stock worth $502,000 after acquiring an additional 36 shares during the last quarter. Finally, Mayfair Advisory Group LLC increased its holdings in shares of SPDR Gold Shares by 1.3% during the first quarter. Mayfair Advisory Group LLC now owns 2,844 shares of the exchange traded fund’s stock valued at $819,000 after acquiring an additional 36 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0%

Shares of SPDR Gold Shares stock opened at $309.14 on Monday. The company has a 50 day moving average price of $306.53 and a 200 day moving average price of $284.05. The firm has a market capitalization of $102.17 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 52 week low of $217.52 and a 52 week high of $317.63.

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).

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