Sincerus Advisory LLC Makes New Investment in SPDR Gold Shares (NYSEARCA:GLD)

Sincerus Advisory LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 6,951 shares of the exchange traded fund’s stock, valued at approximately $1,683,000. SPDR Gold Shares comprises 1.8% of Sincerus Advisory LLC’s holdings, making the stock its 14th biggest position.

Other large investors have also modified their holdings of the company. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $28,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares in the fourth quarter valued at $31,000. PayPay Securities Corp boosted its position in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $35,000. Finally, Pittenger & Anderson Inc. purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $38,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 1.3 %

GLD stock opened at $268.62 on Wednesday. The company’s 50-day moving average price is $254.04 and its 200 day moving average price is $246.15. SPDR Gold Shares has a 52 week low of $187.53 and a 52 week high of $272.32. The company has a market cap of $80.75 billion, a P/E ratio of -28.59 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).