WMG Financial Advisors LLC Purchases 851 Shares of SPDR Gold Shares (NYSEARCA:GLD)

WMG Financial Advisors LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 18.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,344 shares of the exchange traded fund’s stock after acquiring an additional 851 shares during the quarter. WMG Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $1,294,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GLD. abrdn plc lifted its holdings in SPDR Gold Shares by 93.7% during the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after buying an additional 6,768 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its holdings in SPDR Gold Shares by 1.8% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock valued at $1,201,000 after buying an additional 90 shares in the last quarter. Measured Wealth Private Client Group LLC lifted its holdings in SPDR Gold Shares by 5.5% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock valued at $15,659,000 after buying an additional 3,356 shares in the last quarter. BKM Wealth Management LLC lifted its holdings in SPDR Gold Shares by 5.9% during the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 327 shares in the last quarter. Finally, Advance Capital Management Inc. lifted its holdings in SPDR Gold Shares by 9.4% during the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after buying an additional 316 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $266.74 on Tuesday. The company has a market capitalization of $80.18 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. The company’s 50-day simple moving average is $256.08 and its two-hundred day simple moving average is $247.23. SPDR Gold Shares has a one year low of $193.88 and a one year high of $272.32.

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).