Compagnie Lombard Odier SCmA decreased its holdings in shares of SPDR Gold Trust (NYSEARCA:GLD) by 29.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,065 shares of the exchange traded fund’s stock after selling 14,836 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in SPDR Gold Trust were worth $4,338,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of GLD. RPg Family Wealth Advisory LLC boosted its position in shares of SPDR Gold Trust by 118.9% during the third quarter. RPg Family Wealth Advisory LLC now owns 939 shares of the exchange traded fund’s stock worth $114,000 after buying an additional 510 shares during the period. Truepoint Inc. boosted its position in shares of SPDR Gold Trust by 2,551.0% during the third quarter. Truepoint Inc. now owns 116,960 shares of the exchange traded fund’s stock worth $117,000 after buying an additional 112,548 shares during the period. Field & Main Bank purchased a new position in shares of SPDR Gold Trust during the fourth quarter worth $127,000. Mandatum Life Insurance Co Ltd purchased a new position in shares of SPDR Gold Trust during the fourth quarter worth $133,000. Finally, First Dallas Securities Inc. purchased a new position in shares of SPDR Gold Trust during the fourth quarter worth $133,000.
Separately, Standpoint Research raised their price target on SPDR Gold Trust to $28,000.00 in a research report on Thursday, December 7th.
SPDR Gold Trust stock opened at $126.48 on Thursday. SPDR Gold Trust has a 52-week low of $114.80 and a 52-week high of $129.51. The company has a market capitalization of $35,300.00 and a price-to-earnings ratio of -14.54.
About SPDR Gold Trust
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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