Carlton Hofferkamp & Jenks Wealth Management LLC Has $408,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Carlton Hofferkamp & Jenks Wealth Management LLC lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,545 shares of the exchange traded fund’s stock after selling 64 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in SPDR Gold Shares were worth $408,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GLD. Proficio Capital Partners LLC lifted its position in shares of SPDR Gold Shares by 24,245.2% in the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after purchasing an additional 60,504,152 shares during the period. Strategic Financial Concepts LLC lifted its position in shares of SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after acquiring an additional 606,411 shares during the period. Diversify Advisory Services LLC lifted its position in shares of SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after acquiring an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after acquiring an additional 146,271 shares during the period. Finally, Banco Santander S.A. lifted its position in shares of SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after acquiring an additional 114,151 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.3 %

SPDR Gold Shares stock opened at $266.74 on Tuesday. SPDR Gold Shares has a 12-month low of $193.88 and a 12-month high of $272.32. The firm’s fifty day moving average is $256.08 and its 200 day moving average is $247.23. The company has a market capitalization of $80.18 billion, a PE ratio of -28.59 and a beta of 0.20.

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).