4,150 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Stamos Capital Partners L.P.

Stamos Capital Partners L.P. purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 4,150 shares of the exchange traded fund’s stock, valued at approximately $1,005,000.

Other large investors also recently made changes to their positions in the company. abrdn plc raised its holdings in SPDR Gold Shares by 93.7% during the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after buying an additional 6,768 shares during the period. WMG Financial Advisors LLC increased its position in shares of SPDR Gold Shares by 18.9% in the fourth 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 in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in shares of SPDR Gold Shares by 1.8% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock valued at $1,201,000 after acquiring an additional 90 shares during the period. Measured Wealth Private Client Group LLC lifted its position in shares of 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 acquiring an additional 3,356 shares in the last quarter. Finally, BKM Wealth Management LLC boosted 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 worth $1,414,000 after purchasing an additional 327 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.9 %

NYSEARCA:GLD opened at $297.93 on Friday. The business’s fifty day moving average price is $274.59 and its 200 day moving average price is $256.56. The firm has a market capitalization of $89.56 billion, a price-to-earnings ratio of -30.67 and a beta of 0.17. SPDR Gold Shares has a 1-year low of $210.71 and a 1-year high of $299.28.

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).