Insigneo Advisory Services LLC Has $15.09 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Insigneo Advisory Services LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,301 shares of the exchange traded fund’s stock after selling 2,973 shares during the quarter. SPDR Gold Shares accounts for 1.6% of Insigneo Advisory Services LLC’s investment portfolio, making the stock its 11th largest holding. Insigneo Advisory Services LLC’s holdings in SPDR Gold Shares were worth $15,085,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GLD. Morse Asset Management Inc purchased a new stake in shares of SPDR Gold Shares in the third quarter worth approximately $1,929,000. SOA Wealth Advisors LLC. grew its holdings in SPDR Gold Shares by 54.0% during the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 68 shares in the last quarter. World Investment Advisors LLC raised its position in SPDR Gold Shares by 17.3% in the 3rd quarter. World Investment Advisors LLC now owns 15,479 shares of the exchange traded fund’s stock valued at $3,762,000 after buying an additional 2,288 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its stake in SPDR Gold Shares by 451.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 55,860 shares of the exchange traded fund’s stock valued at $13,577,000 after acquiring an additional 45,724 shares in the last quarter. Finally, Tidal Investments LLC boosted its holdings in SPDR Gold Shares by 12.7% during the 3rd quarter. Tidal Investments LLC now owns 14,850 shares of the exchange traded fund’s stock worth $3,609,000 after acquiring an additional 1,676 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $297.78 on Wednesday. The company has a fifty day moving average price of $275.91 and a 200-day moving average price of $257.27. SPDR Gold Shares has a 1 year low of $210.71 and a 1 year high of $305.73. The firm has a market cap of $89.51 billion, a price-to-earnings ratio of -30.67 and a beta of 0.17.

About SPDR Gold Shares

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).