Thoroughbred Financial Services LLC Buys 266 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Thoroughbred Financial Services LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,121 shares of the exchange traded fund’s stock after buying an additional 266 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in SPDR Gold Shares were worth $2,208,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of GLD. Proficio Capital Partners LLC grew its holdings in 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 acquiring an additional 60,504,152 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth $450,109,000. Wealthfront Advisers LLC grew its stake in shares of SPDR Gold Shares by 1,374.2% in the fourth 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 during the last quarter. Strategic Financial Concepts LLC increased its holdings in SPDR Gold Shares by 24,600.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after purchasing an additional 606,411 shares during the period. Finally, Starr Indemnity & Liability Co bought a new position in SPDR Gold Shares during the 4th quarter worth $79,222,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 2.3 %

NYSEARCA GLD opened at $279.72 on Friday. SPDR Gold Shares has a 12 month low of $210.71 and a 12 month high of $289.13. The firm has a market capitalization of $84.08 billion, a PE ratio of -30.67 and a beta of 0.17. The business’s 50-day moving average price is $270.91 and its two-hundred day moving average price is $254.50.

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).