SPDR Gold Shares (NYSEARCA:GLD) Stake Raised by Signaturefd LLC

Signaturefd LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 14,024 shares of the exchange traded fund’s stock after acquiring an additional 91 shares during the period. Signaturefd LLC’s holdings in SPDR Gold Shares were worth $3,396,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Roxbury Financial LLC acquired a new position in SPDR Gold Shares in the 4th quarter worth approximately $31,000. PayPay Securities Corp grew its position in SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. acquired a new position in SPDR Gold Shares during the fourth quarter worth $39,000. Compass Planning Associates Inc acquired a new position in shares of SPDR Gold Shares during the 4th quarter valued at about $39,000. Finally, SOA Wealth Advisors LLC. raised its position in shares of 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 valued at $47,000 after purchasing an additional 68 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $275.24 on Monday. SPDR Gold Shares has a fifty-two week low of $198.94 and a fifty-two week high of $276.30. The firm has a market cap of $82.74 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20. The firm has a fifty day moving average price of $261.08 and a two-hundred day moving average price of $249.65.

SPDR Gold Shares Company 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).