Wealthgarden F.S. LLC Acquires 375 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Wealthgarden F.S. LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 8.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,006 shares of the exchange traded fund’s stock after purchasing an additional 375 shares during the period. SPDR Gold Shares makes up about 1.4% of Wealthgarden F.S. LLC’s holdings, making the stock its 19th biggest position. Wealthgarden F.S. LLC’s holdings in SPDR Gold Shares were worth $1,442,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Murphy & Mullick Capital Management Corp purchased a new position in SPDR Gold Shares in the 4th quarter worth approximately $26,000. Columbia River Financial Group LLC purchased a new position in SPDR Gold Shares in the 1st quarter worth approximately $34,000. HWG Holdings LP purchased a new position in SPDR Gold Shares in the 1st quarter worth approximately $53,000. American National Bank & Trust grew its stake in SPDR Gold Shares by 189.4% in the 1st quarter. American National Bank & Trust now owns 191 shares of the exchange traded fund’s stock worth $55,000 after buying an additional 125 shares in the last quarter. Finally, Inlight Wealth Management LLC purchased a new position in SPDR Gold Shares in the 1st quarter worth approximately $55,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $306.76 on Wednesday. SPDR Gold Shares has a 52-week low of $217.52 and a 52-week high of $317.63. The stock has a market capitalization of $101.54 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The company has a fifty day moving average of $306.37 and a 200-day moving average of $284.67.

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).