Montis Financial LLC Grows Stake in SPDR Gold Shares (NYSEARCA:GLD)

Montis Financial LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,567 shares of the exchange traded fund’s stock after purchasing an additional 290 shares during the period. SPDR Gold Shares makes up 0.8% of Montis Financial LLC’s portfolio, making the stock its 23rd biggest holding. Montis Financial LLC’s holdings in SPDR Gold Shares were worth $2,559,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares during the 3rd quarter valued at $28,000. Roxbury Financial LLC purchased a new position in SPDR Gold Shares in the fourth quarter worth $31,000. PayPay Securities Corp grew its position in SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. purchased a new position in SPDR Gold Shares in the fourth quarter worth $39,000. Finally, Compass Planning Associates Inc purchased a new position in SPDR Gold Shares in the fourth quarter worth $39,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $275.24 on Friday. SPDR Gold Shares has a 52-week low of $198.94 and a 52-week high of $276.30. The firm has a fifty day moving average of $261.08 and a 200 day moving average of $249.42. The firm has a market capitalization of $82.74 billion, a PE ratio of -28.59 and a beta of 0.20.

SPDR Gold Shares Profile

(Free Report)

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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