Patten & Patten Inc. TN Buys 231 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Patten & Patten Inc. TN grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,559 shares of the exchange traded fund’s stock after acquiring an additional 231 shares during the period. Patten & Patten Inc. TN’s holdings in SPDR Gold Shares were worth $1,104,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of GLD. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $31,000. PayPay Securities Corp raised its stake in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Compass Planning Associates Inc bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Finally, SOA Wealth Advisors LLC. raised its stake in SPDR Gold Shares by 54.0% in the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 68 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.0 %

Shares of NYSEARCA:GLD opened at $275.24 on Monday. The company has a market capitalization of $82.74 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 52 week low of $198.94 and a 52 week high of $276.30. The firm has a 50 day moving average of $261.08 and a 200 day moving average of $249.65.

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).