Personal CFO Solutions LLC Raises Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Personal CFO Solutions LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 3.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 12,142 shares of the exchange traded fund’s stock after buying an additional 385 shares during the quarter. SPDR Gold Shares makes up about 0.6% of Personal CFO Solutions LLC’s investment portfolio, making the stock its 27th largest holding. Personal CFO Solutions LLC’s holdings in SPDR Gold Shares were worth $2,940,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Clarus Group Inc. lifted its holdings in 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 period. Kellett Wealth Advisors LLC lifted its holdings in SPDR Gold Shares by 3.6% in the 4th quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after buying an additional 40 shares during the period. Magnus Financial Group LLC lifted its holdings in SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the period. Pittenger & Anderson Inc. lifted its holdings in 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 buying an additional 41 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in SPDR Gold Shares by 2.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,533 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 41 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $268.39 on Friday. SPDR Gold Shares has a fifty-two week low of $198.94 and a fifty-two week high of $272.32. The stock has a 50 day simple moving average of $258.24 and a two-hundred day simple moving average of $248.16. The stock has a market cap of $80.68 billion, a P/E ratio of -28.59 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).