1,756 Shares in SPDR Gold Shares (NYSEARCA:GLD) Acquired by Runnymede Capital Advisors Inc.

Runnymede Capital Advisors Inc. bought a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,756 shares of the exchange traded fund’s stock, valued at approximately $425,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clarus Group Inc. lifted its holdings in shares of SPDR Gold Shares by 2.2% during 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 shares of SPDR Gold Shares by 3.6% during the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after buying an additional 40 shares during the last quarter. Wealth Advisors of Iowa LLC lifted its holdings in shares of SPDR Gold Shares by 3.9% during the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 40 shares during the last quarter. Magnus Financial Group LLC lifted its holdings 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 during the last quarter. Finally, Pittenger & Anderson Inc. lifted its holdings 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 during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.8 %

Shares of GLD stock opened at $278.49 on Friday. SPDR Gold Shares has a 12 month low of $199.72 and a 12 month high of $281.48. The firm has a market cap of $83.71 billion, a PE ratio of -29.30 and a beta of 0.20. The stock has a 50 day moving average of $264.47 and a 200-day moving average of $251.06.

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).