SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Tolleson Wealth Management Inc.

Tolleson Wealth Management Inc. lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,297 shares of the exchange traded fund’s stock after selling 830 shares during the period. Tolleson Wealth Management Inc.’s holdings in SPDR Gold Shares were worth $1,283,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in GLD. abrdn plc lifted its position in 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 buying an additional 6,768 shares during the period. WMG Financial Advisors LLC lifted its position in SPDR Gold Shares by 18.9% during 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 position in 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 worth $1,201,000 after buying an additional 90 shares during the period. Measured Wealth Private Client Group LLC lifted its position in SPDR Gold Shares by 5.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after buying an additional 3,356 shares during the period. Finally, BKM Wealth Management LLC lifted its position in 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 buying an additional 327 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.2%

NYSEARCA GLD opened at $294.24 on Friday. The business’s 50-day moving average price is $292.63 and its 200 day moving average price is $266.28. SPDR Gold Shares has a twelve month low of $211.54 and a twelve month high of $317.63. The company has a market capitalization of $88.45 billion, a PE ratio of -32.43 and a beta of 0.12.

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).