SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Howe & Rusling Inc.

Howe & Rusling Inc. increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,982 shares of the exchange traded fund’s stock after purchasing an additional 359 shares during the period. Howe & Rusling Inc.’s holdings in SPDR Gold Shares were worth $480,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. abrdn plc raised its stake in shares of SPDR Gold Shares by 93.7% during the fourth 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 stake in shares of 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 worth $1,294,000 after acquiring an additional 851 shares during the period. Cassaday & Co Wealth Management LLC lifted its stake in shares of 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 worth $1,201,000 after acquiring an additional 90 shares during the period. Measured Wealth Private Client Group LLC boosted its holdings 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 valued at $15,659,000 after acquiring an additional 3,356 shares in the last quarter. Finally, BKM Wealth Management LLC increased its stake in shares of 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 and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.3 %

Shares of NYSEARCA:GLD opened at $281.97 on Friday. SPDR Gold Shares has a 52 week low of $203.87 and a 52 week high of $284.19. The company has a 50-day moving average price of $266.95 and a 200 day moving average price of $252.39. The company has a market cap of $84.76 billion, a P/E ratio of -29.30 and a beta of 0.20.

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).