SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Lynx Investment Advisory

Lynx Investment Advisory grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 10.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,735 shares of the exchange traded fund’s stock after acquiring an additional 1,669 shares during the period. SPDR Gold Shares comprises approximately 2.9% of Lynx Investment Advisory’s portfolio, making the stock its 5th largest position. Lynx Investment Advisory’s holdings in SPDR Gold Shares were worth $4,294,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GLD. Roxbury Financial LLC acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth about $31,000. PayPay Securities Corp grew its position in shares of SPDR Gold Shares by 55.3% in the fourth 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 last quarter. Keystone Financial Group Inc. purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Compass Planning Associates Inc purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Finally, SOA Wealth Advisors LLC. lifted its stake 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 buying an additional 68 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.8 %

NYSEARCA:GLD opened at $278.49 on Monday. The firm’s 50 day moving average is $264.47 and its two-hundred day moving average is $251.35. SPDR Gold Shares has a fifty-two week low of $200.97 and a fifty-two week high of $281.48. The company has a market cap of $83.71 billion, a P/E ratio of -29.30 and a beta of 0.20.

SPDR Gold Shares Company 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).