Wealth Advisors of Iowa LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,070 shares of the exchange traded fund’s stock after purchasing an additional 40 shares during the period. Wealth Advisors of Iowa LLC’s holdings in SPDR Gold Shares were worth $259,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in GLD. Roxbury Financial LLC bought a new position in shares of SPDR Gold Shares in the fourth quarter worth about $31,000. PayPay Securities Corp raised its stake in SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares during the period. Keystone Financial Group Inc. bought a new stake in SPDR Gold Shares during the 4th quarter valued at approximately $39,000. Compass Planning Associates Inc bought a new stake in SPDR Gold Shares during the 4th quarter valued at approximately $39,000. Finally, SOA Wealth Advisors LLC. raised its stake in SPDR Gold Shares by 54.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 68 shares during the period. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Down 0.1 %
Shares of GLD opened at $280.75 on Friday. The business’s 50 day moving average is $263.87 and its 200 day moving average is $250.73. The company has a market capitalization of $84.39 billion, a PE ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 12-month low of $199.72 and a 12-month high of $281.48.
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).
Featured Stories
- Five stocks we like better than SPDR Gold Shares
- Stock Market Sectors: What Are They and How Many Are There?
- 4 Undervalued Growth Stocks to Buy and Hold for the Long Term
- What is diluted earnings per share (Diluted EPS)?
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- What is a Secondary Public Offering? What Investors Need to Know
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
