Montis Financial LLC Buys 290 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Montis Financial LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,567 shares of the exchange traded fund’s stock after purchasing an additional 290 shares during the quarter. SPDR Gold Shares makes up approximately 0.8% of Montis Financial LLC’s portfolio, making the stock its 23rd biggest holding. Montis Financial LLC’s holdings in SPDR Gold Shares were worth $2,559,000 at the end of the most recent reporting period.

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

SPDR Gold Shares Trading Up 0.0 %

SPDR Gold Shares stock opened at $275.24 on Friday. SPDR Gold Shares has a 1-year low of $198.94 and a 1-year high of $276.30. The firm has a market capitalization of $82.74 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. The firm has a 50 day simple moving average of $261.08 and a 200 day simple moving average of $249.42.

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).