SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Basso Capital Management L.P.

Basso Capital Management L.P. increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 20,195 shares of the exchange traded fund’s stock after buying an additional 810 shares during the quarter. SPDR Gold Shares accounts for approximately 4.2% of Basso Capital Management L.P.’s holdings, making the stock its 5th biggest position. Basso Capital Management L.P.’s holdings in SPDR Gold Shares were worth $4,890,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. GSA Capital Partners LLP bought a new position in SPDR Gold Shares during the 3rd quarter valued at $564,000. CIBC Asset Management Inc increased its holdings in SPDR Gold Shares by 39.8% in the 3rd quarter. CIBC Asset Management Inc now owns 3,986 shares of the exchange traded fund’s stock worth $969,000 after acquiring an additional 1,134 shares during the last quarter. Coastline Trust Co purchased a new position in SPDR Gold Shares during the 3rd quarter valued at about $56,000. Sugar Maple Asset Management LLC grew its holdings in SPDR Gold Shares by 33.6% during the 3rd quarter. Sugar Maple Asset Management LLC now owns 38,215 shares of the exchange traded fund’s stock valued at $9,289,000 after buying an additional 9,621 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in SPDR Gold Shares by 6.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 81,301 shares of the exchange traded fund’s stock valued at $19,762,000 after buying an additional 5,111 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.0 %

Shares of GLD opened at $275.24 on Monday. The company has a market cap of $82.74 billion, a PE ratio of -29.30 and a beta of 0.20. The stock has a 50-day moving average price of $261.08 and a 200-day moving average price of $249.65. SPDR Gold Shares has a 12-month low of $198.94 and a 12-month high of $276.30.

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).