SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Lowered by Bank of New Hampshire

Bank of New Hampshire reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.6% during the 1st quarter, Holdings Channel reports. The fund owned 48,627 shares of the exchange traded fund’s stock after selling 286 shares during the period. SPDR Gold Shares makes up about 3.7% of Bank of New Hampshire’s holdings, making the stock its 2nd largest holding. Bank of New Hampshire’s holdings in SPDR Gold Shares were worth $14,011,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Proficio Capital Partners LLC boosted its holdings in SPDR Gold Shares by 24,245.2% during the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after buying an additional 60,504,152 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR Gold Shares during the fourth quarter worth $450,109,000. Leigh Baldwin & CO. LLC purchased a new stake in SPDR Gold Shares during the fourth quarter worth $401,829,000. Ameriprise Financial Inc. boosted its holdings in SPDR Gold Shares by 10.9% during the fourth quarter. Ameriprise Financial Inc. now owns 1,387,693 shares of the exchange traded fund’s stock worth $335,909,000 after buying an additional 136,120 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in SPDR Gold Shares by 1,374.2% during the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock worth $271,568,000 after buying an additional 1,045,499 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $305.18 on Friday. The company’s fifty day moving average price is $300.63 and its 200 day moving average price is $272.64. SPDR Gold Shares has a 1 year low of $212.12 and a 1 year high of $317.63. The company has a market capitalization of $99.79 billion, a PE ratio of -32.43 and a beta of 0.11.

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).