Kestra Advisory Services LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 8.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 251,933 shares of the exchange traded fund’s stock after acquiring an additional 19,288 shares during the quarter. Kestra Advisory Services LLC’s holdings in SPDR Gold Shares were worth $61,001,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. 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 valued at $14,710,294,000 after acquiring an additional 60,504,152 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of SPDR Gold Shares in the 4th quarter valued at approximately $450,109,000. Wealthfront Advisers LLC lifted its position in shares of SPDR Gold Shares by 1,374.2% in the 4th quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock valued at $271,568,000 after acquiring an additional 1,045,499 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in shares of SPDR Gold Shares by 24,600.9% in 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 in the last quarter. Finally, Diversify Advisory Services LLC lifted its position in shares of SPDR Gold Shares by 446.0% in 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 in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.0 %
GLD stock opened at $275.24 on Friday. SPDR Gold Shares has a 12-month low of $198.94 and a 12-month high of $276.30. The company has a market cap of $82.74 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. The company has a 50 day moving average of $261.08 and a two-hundred day moving average of $249.42.
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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