SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Destiny Wealth Partners LLC

Destiny Wealth Partners LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,613 shares of the exchange traded fund’s stock after acquiring an additional 252 shares during the quarter. Destiny Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $1,041,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. abrdn plc boosted its holdings in shares of SPDR Gold Shares by 93.7% during the fourth quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after acquiring an additional 6,768 shares during the period. WMG Financial Advisors LLC boosted its holdings in shares of 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 valued at $1,294,000 after acquiring an additional 851 shares during the period. Lloyd Advisory Services LLC. acquired a new position in shares of SPDR Gold Shares during the first quarter valued at $217,000. Cassaday & Co Wealth Management LLC boosted 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. Finally, Horizon Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 61.6% during the first quarter. Horizon Wealth Management LLC now owns 82,640 shares of the exchange traded fund’s stock valued at $23,812,000 after acquiring an additional 31,514 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.3%

GLD stock opened at $305.18 on Monday. The company has a market capitalization of $99.79 billion, a P/E ratio of -32.43 and a beta of 0.11. The company has a 50-day simple moving average of $300.63 and a 200 day simple moving average of $272.82. SPDR Gold Shares has a fifty-two week low of $212.12 and a fifty-two week high of $317.63.

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).