Rathbones Group PLC Has $50.78 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Rathbones Group PLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 209,719 shares of the exchange traded fund’s stock after selling 4,301 shares during the period. Rathbones Group PLC owned approximately 0.07% of SPDR Gold Shares worth $50,779,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of GLD. Murphy & Mullick Capital Management Corp acquired a new position in SPDR Gold Shares during the 4th quarter worth approximately $26,000. Roxbury Financial LLC bought a new stake in SPDR Gold Shares during the 4th quarter worth about $31,000. PayPay Securities Corp increased its position in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares during the last quarter. Keystone Financial Group Inc. acquired a new position in SPDR Gold Shares during the fourth quarter worth approximately $39,000. Finally, Compass Planning Associates Inc bought a new stake in SPDR Gold Shares in the 4th quarter valued at $39,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $279.72 on Monday. SPDR Gold Shares has a 1 year low of $210.71 and a 1 year high of $289.13. The company has a market capitalization of $84.08 billion, a price-to-earnings ratio of -30.67 and a beta of 0.17. The business has a fifty day simple moving average of $270.91 and a two-hundred day simple moving average of $254.76.

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).