Blair William & Co. IL Raises Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Blair William & Co. IL boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.9% during the 4th quarter, Holdings Channel reports. The firm owned 170,588 shares of the exchange traded fund’s stock after acquiring an additional 4,834 shares during the period. Blair William & Co. IL’s holdings in SPDR Gold Shares were worth $41,304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of GLD. Clarus Group Inc. boosted its holdings in shares of SPDR Gold Shares by 2.2% in the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after buying an additional 40 shares during the last quarter. Kellett Wealth Advisors LLC boosted its stake in SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after acquiring an additional 40 shares during the last quarter. Wealth Advisors of Iowa LLC grew its position in shares of SPDR Gold Shares by 3.9% during the 4th quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after acquiring an additional 40 shares during the period. Magnus Financial Group LLC increased its stake in shares of SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares during the last quarter. Finally, Pittenger & Anderson Inc. raised its holdings in shares of SPDR Gold Shares by 25.9% in the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 41 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.3 %

SPDR Gold Shares stock opened at $281.97 on Friday. The business’s 50 day simple moving average is $266.95 and its 200 day simple moving average is $252.39. SPDR Gold Shares has a 12 month low of $203.87 and a 12 month high of $284.19. The company has a market cap of $84.76 billion, a price-to-earnings ratio of -29.30 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).