Parkside Financial Bank & Trust Has $47,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Parkside Financial Bank & Trust grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 333.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 247 shares of the exchange traded fund’s stock after purchasing an additional 190 shares during the period. Parkside Financial Bank & Trust’s holdings in SPDR Gold Shares were worth $47,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GLD. First Personal Financial Services acquired a new position in SPDR Gold Shares during the fourth quarter worth $25,000. Johnson Midwest Financial LLC increased its holdings in SPDR Gold Shares by 350.0% during the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 140 shares during the last quarter. Private Ocean LLC increased its holdings in SPDR Gold Shares by 232.7% during the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 114 shares during the last quarter. Naples Money Management LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth $31,000. Finally, First Command Advisory Services Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $34,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $216.61 on Friday. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09. The company’s fifty day simple moving average is $204.56 and its 200 day simple moving average is $192.42.

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).