SPDR Gold Shares (NYSEARCA:GLD) Stake Raised by Delos Wealth Advisors LLC

Delos Wealth Advisors LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,436 shares of the exchange traded fund’s stock after buying an additional 1,640 shares during the quarter. SPDR Gold Shares accounts for about 3.7% of Delos Wealth Advisors LLC’s portfolio, making the stock its 6th largest holding. Delos Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $4,706,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clarus Group Inc. boosted its stake in shares of 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 worth $442,000 after buying an additional 40 shares during the last quarter. Kellett Wealth Advisors LLC lifted its holdings in SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after acquiring an additional 40 shares during the period. Wealth Advisors of Iowa LLC boosted its position in 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 worth $259,000 after purchasing an additional 40 shares in the last quarter. Magnus Financial Group LLC grew its stake in shares of SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares during the period. Finally, Pittenger & Anderson Inc. grew its stake in shares of SPDR Gold Shares by 25.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 41 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD opened at $284.06 on Friday. The firm has a fifty day moving average price of $267.64 and a 200 day moving average price of $252.90. SPDR Gold Shares has a 1 year low of $206.29 and a 1 year high of $284.64. The stock has a market cap of $85.39 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).