Compagnie Lombard Odier SCmA Sells 762 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Compagnie Lombard Odier SCmA reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 31.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,680 shares of the exchange traded fund’s stock after selling 762 shares during the period. Compagnie Lombard Odier SCmA’s holdings in SPDR Gold Shares were worth $484,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of SPDR Gold Shares by 6.6% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 35 shares during the last quarter. KMG Fiduciary Partners LLC boosted its holdings in SPDR Gold Shares by 1.1% in the first quarter. KMG Fiduciary Partners LLC now owns 3,563 shares of the exchange traded fund’s stock valued at $1,027,000 after acquiring an additional 38 shares during the last quarter. Marcum Wealth LLC boosted its holdings in SPDR Gold Shares by 4.3% in the first quarter. Marcum Wealth LLC now owns 954 shares of the exchange traded fund’s stock valued at $275,000 after acquiring an additional 39 shares during the last quarter. Kellett Wealth Advisors LLC boosted its holdings in SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after acquiring an additional 40 shares during the last quarter. Finally, Wealth Advisors of Iowa LLC boosted its holdings in SPDR Gold Shares by 3.9% in the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after acquiring an additional 40 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $312.20 on Friday. The business’s 50 day simple moving average is $302.75 and its 200 day simple moving average is $274.17. SPDR Gold Shares has a one year low of $212.12 and a one year high of $317.63. The stock has a market capitalization of $102.09 billion, a PE ratio of -32.43 and a beta of 0.11.

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).