Parkside Financial Bank & Trust Has $47,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Parkside Financial Bank & Trust raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 333.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 247 shares of the exchange traded fund’s stock after purchasing an additional 190 shares during the quarter. Parkside Financial Bank & Trust’s holdings in SPDR Gold Shares were worth $47,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GLD. First Personal Financial Services acquired a new stake in SPDR Gold Shares during the 4th quarter valued at approximately $25,000. Johnson Midwest Financial LLC increased its position in SPDR Gold Shares by 350.0% during the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 140 shares during the period. Private Ocean LLC increased its position in SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 114 shares during the period. Naples Money Management LLC acquired a new stake in SPDR Gold Shares during the 4th quarter valued at approximately $31,000. Finally, First Command Advisory Services Inc. bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $216.61 on Friday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09. The stock’s 50 day moving average price is $204.56 and its two-hundred day moving average price is $192.42.

SPDR Gold Shares Company 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).