Fiera Capital Corp Acquires Shares of 800 SPDR Gold Shares (NYSEARCA:GLD)

Fiera Capital Corp acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 800 shares of the exchange traded fund’s stock, valued at approximately $231,000.

A number of other institutional investors have also recently modified their holdings of GLD. Leigh Baldwin & CO. LLC acquired a new stake in SPDR Gold Shares in the 4th quarter worth about $401,829,000. DAVENPORT & Co LLC boosted its holdings in shares of SPDR Gold Shares by 105.3% during the 1st quarter. DAVENPORT & Co LLC now owns 45,496 shares of the exchange traded fund’s stock worth $13,109,000 after purchasing an additional 896,836 shares during the last quarter. Mizuho Bank Ltd. acquired a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $145,278,000. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of SPDR Gold Shares by 604.5% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,947 shares of the exchange traded fund’s stock worth $158,174,000 after purchasing an additional 471,032 shares during the last quarter. Finally, 59 North Capital Management LP boosted its holdings in shares of SPDR Gold Shares by 116.1% during the 4th quarter. 59 North Capital Management LP now owns 716,178 shares of the exchange traded fund’s stock worth $173,408,000 after purchasing an additional 384,840 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $307.40 on Monday. The stock has a market cap of $102.00 billion, a P/E ratio of -32.43 and a beta of 0.15. The stock’s 50 day simple moving average is $307.94 and its 200-day simple moving average is $288.69. SPDR Gold Shares has a 1-year low of $219.04 and a 1-year high of $317.63.

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).