SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 34.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,360 shares of the exchange traded fund’s stock after acquiring an additional 604 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in SPDR Gold Shares were worth $571,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Clarus Group Inc. boosted its holdings in SPDR Gold Shares by 2.2% in the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 40 shares during the period. Kellett Wealth Advisors LLC raised its position 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 valued at $281,000 after purchasing an additional 40 shares in the last quarter. Wealth Advisors of Iowa LLC boosted its stake in shares of SPDR Gold Shares by 3.9% in the 4th quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after buying an additional 40 shares during the period. Magnus Financial Group LLC grew its position in shares of SPDR Gold Shares by 0.6% during the fourth 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 in the last quarter. Finally, Pittenger & Anderson Inc. grew its position in shares of SPDR Gold Shares by 25.9% during the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 41 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 1.3 %

Shares of NYSEARCA:GLD opened at $281.97 on Friday. SPDR Gold Shares has a fifty-two week low of $203.87 and a fifty-two week high of $284.19. The firm’s 50 day moving average price is $266.95 and its 200 day moving average price is $252.39. The stock has a market cap of $84.76 billion, a price-to-earnings 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).