GLOBALT Investments LLC GA lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 604,371 shares of the exchange traded fund’s stock after selling 2,950 shares during the quarter. SPDR Gold Shares comprises 5.6% of GLOBALT Investments LLC GA’s portfolio, making the stock its 3rd biggest holding. GLOBALT Investments LLC GA’s holdings in SPDR Gold Shares were worth $146,336,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in GLD. Roxbury Financial LLC purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $31,000. PayPay Securities Corp raised its stake in SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares in the last quarter. Compass Planning Associates Inc bought a new position in SPDR Gold Shares during the fourth quarter valued at $39,000. Keystone Financial Group Inc. bought a new position in SPDR Gold Shares during the fourth quarter valued at $39,000. Finally, SOA Wealth Advisors LLC. grew its stake in shares of SPDR Gold Shares by 54.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 68 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.
SPDR Gold Shares Trading Up 0.0 %
Shares of NYSEARCA:GLD opened at $275.24 on Friday. The company has a market cap of $82.74 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 12 month low of $198.94 and a 12 month high of $276.30. The company has a 50-day moving average price of $261.08 and a 200 day moving average price of $249.53.
SPDR Gold Shares Company 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).
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