2,003 Shares in SPDR Gold Shares $GLD Bought by 25 LLC

25 LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,003 shares of the exchange traded fund’s stock, valued at approximately $794,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. True Vision MN LLC boosted its holdings in shares of SPDR Gold Shares by 3.2% in the 4th quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock valued at $304,000 after buying an additional 24 shares during the last quarter. Burns J W & Co. Inc. NY increased its holdings in SPDR Gold Shares by 0.7% during the fourth quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock worth $1,387,000 after buying an additional 25 shares during the last quarter. Boston Standard Wealth Management LLC raised its position in SPDR Gold Shares by 2.8% during the fourth quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock worth $375,000 after acquiring an additional 26 shares in the last quarter. Mccarter Private Wealth Services LLC raised its position in SPDR Gold Shares by 3.2% during the third quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 27 shares in the last quarter. Finally, Prudent Investors Network Inc. lifted its stake in SPDR Gold Shares by 3.8% in the third quarter. Prudent Investors Network Inc. now owns 734 shares of the exchange traded fund’s stock valued at $261,000 after acquiring an additional 27 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

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

SPDR Gold Shares Price Performance

Shares of GLD opened at $414.58 on Tuesday. The firm has a 50-day moving average of $455.62 and a 200-day moving average of $407.50. The company has a market cap of $157.58 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $272.58 and a one year 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.

See Also

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

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