Werba Rubin Papier Wealth Management Has $751,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Werba Rubin Papier Wealth Management grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 33.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,100 shares of the exchange traded fund’s stock after acquiring an additional 783 shares during the period. Werba Rubin Papier Wealth Management’s holdings in SPDR Gold Shares were worth $751,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the third quarter valued at $28,000. Roxbury Financial LLC bought a new position in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. PayPay Securities Corp grew its holdings in SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at $35,000. Finally, Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $38,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $270.70 on Wednesday. The stock’s fifty day simple moving average is $251.61 and its 200-day simple moving average is $244.45. SPDR Gold Shares has a 12-month low of $187.05 and a 12-month high of $271.01.

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).