Guggenheim Capital LLC Has $17.38 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Guggenheim Capital LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,770 shares of the exchange traded fund’s stock after buying an additional 2,061 shares during the quarter. Guggenheim Capital LLC’s holdings in SPDR Gold Shares were worth $17,378,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. abrdn plc lifted its position in shares of SPDR Gold Shares by 93.7% during the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after purchasing an additional 6,768 shares during the last quarter. WMG Financial Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 18.9% during the fourth quarter. WMG Financial Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock worth $1,294,000 after buying an additional 851 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its position in shares of SPDR Gold Shares by 1.8% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock valued at $1,201,000 after acquiring an additional 90 shares during the period. Measured Wealth Private Client Group LLC grew its stake in shares of SPDR Gold Shares by 5.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after acquiring an additional 3,356 shares during the last quarter. Finally, BKM Wealth Management LLC increased its position in SPDR Gold Shares by 5.9% during the fourth quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock worth $1,414,000 after acquiring an additional 327 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $297.78 on Wednesday. The company has a market cap of $89.51 billion, a PE ratio of -30.67 and a beta of 0.17. The firm has a fifty day moving average price of $275.91 and a two-hundred day moving average price of $257.27. SPDR Gold Shares has a fifty-two week low of $210.71 and a fifty-two week high of $305.73.

About SPDR Gold Shares

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).