Sentinus LLC Acquires New Shares in SPDR Gold Shares (NYSEARCA:GLD)

Sentinus LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,003 shares of the exchange traded fund’s stock, valued at approximately $243,000.

Several other hedge funds have also recently bought and sold shares of GLD. Snowden Capital Advisors LLC grew its holdings in SPDR Gold Shares by 4.9% during the 4th quarter. Snowden Capital Advisors LLC now owns 46,943 shares of the exchange traded fund’s stock valued at $11,366,000 after buying an additional 2,214 shares during the last quarter. Shepherd Kaplan Krochuk LLC grew its holdings in SPDR Gold Shares by 25.5% during the 4th quarter. Shepherd Kaplan Krochuk LLC now owns 1,245 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 253 shares during the last quarter. Polar Asset Management Partners Inc. acquired a new stake in SPDR Gold Shares during the 4th quarter valued at $4,226,000. Quantinno Capital Management LP grew its holdings in SPDR Gold Shares by 57.8% during the 4th quarter. Quantinno Capital Management LP now owns 7,776 shares of the exchange traded fund’s stock valued at $1,883,000 after buying an additional 2,848 shares during the last quarter. Finally, Pathstone Holdings LLC grew its holdings in SPDR Gold Shares by 26.0% during the 4th quarter. Pathstone Holdings LLC now owns 60,322 shares of the exchange traded fund’s stock valued at $14,611,000 after buying an additional 12,463 shares during 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 $294.24 on Friday. The business’s fifty day moving average price is $292.63 and its two-hundred day moving average price is $266.28. The stock has a market cap of $88.45 billion, a PE ratio of -32.43 and a beta of 0.12. SPDR Gold Shares has a one year low of $211.54 and a one year high of $317.63.

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).