Principia Wealth Advisory LLC Sells 76 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Principia Wealth Advisory LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 7.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 917 shares of the exchange traded fund’s stock after selling 76 shares during the quarter. Principia Wealth Advisory LLC’s holdings in SPDR Gold Shares were worth $262,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC boosted its position in shares of SPDR Gold Shares by 24,245.2% during the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after purchasing an additional 60,504,152 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR Gold Shares during the 4th quarter worth about $450,109,000. Leigh Baldwin & CO. LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter worth about $401,829,000. Wealthfront Advisers LLC boosted its position in shares of SPDR Gold Shares by 1,374.2% during the 4th quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock worth $271,568,000 after purchasing an additional 1,045,499 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in shares of SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $305.18 on Friday. The stock has a market capitalization of $99.79 billion, a PE ratio of -32.43 and a beta of 0.11. The company’s 50-day moving average is $300.63 and its 200-day moving average is $272.44. SPDR Gold Shares has a 1 year low of $211.54 and a 1 year high of $317.63.

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).