Evexia Wealth LLC Increases Position in SPDR Gold Shares $GLD

Evexia Wealth LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 13.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,255 shares of the exchange traded fund’s stock after acquiring an additional 1,903 shares during the period. SPDR Gold Shares comprises approximately 2.0% of Evexia Wealth LLC’s portfolio, making the stock its 22nd biggest holding. Evexia Wealth LLC’s holdings in SPDR Gold Shares were worth $6,924,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GLD. True Vision MN LLC boosted its position in SPDR Gold Shares by 3.2% in the fourth quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock worth $304,000 after purchasing an additional 24 shares during the last quarter. Burns J W & Co. Inc. NY increased its position in shares of SPDR Gold Shares by 0.7% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock valued at $1,387,000 after purchasing an additional 25 shares during the last quarter. PFS Partners LLC raised its stake in shares of SPDR Gold Shares by 2.4% during the 4th quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock worth $427,000 after purchasing an additional 25 shares during the period. Boston Standard Wealth Management LLC raised its stake in shares of SPDR Gold Shares by 2.8% during the 4th quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock worth $375,000 after purchasing an additional 26 shares during the period. Finally, Mccarter Private Wealth Services LLC boosted its holdings in shares of SPDR Gold Shares by 3.2% in the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after buying an additional 27 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Stock Performance

GLD opened at $429.41 on Friday. The firm has a market cap of $163.22 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm has a 50-day moving average of $454.92 and a 200 day moving average of $408.52. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70.

SPDR Gold Shares Company 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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

Further Reading

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

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