Atalanta Sosnoff Capital LLC Buys 305 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Atalanta Sosnoff Capital LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 27.7% during the fourth quarter, HoldingsChannel reports. The fund owned 1,406 shares of the exchange traded fund’s stock after acquiring an additional 305 shares during the quarter. Atalanta Sosnoff Capital LLC’s holdings in SPDR Gold Shares were worth $340,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in GLD. abrdn plc raised its position 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 worth $3,391,000 after purchasing an additional 6,768 shares during the period. WMG Financial Advisors LLC raised its holdings 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 buying an additional 851 shares during the period. Cassaday & Co Wealth Management LLC lifted its stake in shares of SPDR Gold Shares by 1.8% during 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 last quarter. Measured Wealth Private Client Group LLC boosted its holdings in SPDR Gold Shares by 5.5% during 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 during the period. Finally, BKM Wealth Management LLC grew its position 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 acquiring an additional 327 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

GLD stock opened at $297.98 on Friday. SPDR Gold Shares has a twelve month low of $210.71 and a twelve month high of $317.63. The firm has a market cap of $89.57 billion, a price-to-earnings ratio of -32.58 and a beta of 0.17. The business’s fifty day simple moving average is $285.57 and its two-hundred day simple moving average is $262.71.

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).