Corient Private Wealth LLC Raises Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Corient Private Wealth LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 534,438 shares of the exchange traded fund’s stock after purchasing an additional 12,648 shares during the quarter. Corient Private Wealth LLC owned approximately 0.18% of SPDR Gold Shares worth $126,790,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Roxbury Financial LLC purchased a new position in SPDR Gold Shares during the fourth quarter worth approximately $31,000. PayPay Securities Corp raised its holdings in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares during the last quarter. Keystone Financial Group Inc. acquired a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Compass Planning Associates Inc acquired a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Finally, SOA Wealth Advisors LLC. raised its holdings in shares of SPDR Gold Shares by 54.0% during the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $275.24 on Friday. The business has a 50 day simple moving average of $261.08 and a two-hundred day simple moving average of $249.53. SPDR Gold Shares has a 12 month low of $198.94 and a 12 month high of $276.30. The stock has a market capitalization of $82.74 billion, a P/E ratio of -29.30 and a beta of 0.20.

SPDR Gold Shares 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).