Krilogy Financial LLC Has $4.91 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Krilogy Financial LLC boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 27.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,038 shares of the exchange traded fund’s stock after purchasing an additional 3,694 shares during the period. Krilogy Financial LLC’s holdings in SPDR Gold Shares were worth $4,909,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of GLD. Murphy & Mullick Capital Management Corp acquired a new stake in SPDR Gold Shares during the fourth quarter valued at $26,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares during the fourth quarter valued at $31,000. PayPay Securities Corp boosted its position in SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares during the last quarter. Compass Planning Associates Inc acquired a new stake in SPDR Gold Shares during the fourth quarter valued at $39,000. Finally, Pittenger & Anderson Inc. boosted its position in SPDR Gold Shares by 25.9% during the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 41 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.3%

GLD opened at $316.29 on Friday. The stock has a market cap of $103.43 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11. SPDR Gold Shares has a 1 year low of $212.12 and a 1 year high of $317.63. The stock has a fifty day moving average price of $303.57 and a 200 day moving average price of $274.67.

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).