Custos Family Office LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,009 shares of the exchange traded fund’s stock after selling 134 shares during the period. Custos Family Office LLC’s holdings in SPDR Gold Shares were worth $244,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in the stock. Proficio Capital Partners LLC grew its position in SPDR Gold Shares by 24,245.2% in the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock valued at $14,710,294,000 after purchasing an additional 60,504,152 shares in the last quarter. Raymond James Financial Inc. bought a new position in SPDR Gold Shares in the fourth quarter valued at $450,109,000. Wealthfront Advisers LLC grew its position in SPDR Gold Shares by 1,374.2% in the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock valued at $271,568,000 after purchasing an additional 1,045,499 shares in the last quarter. Strategic Financial Concepts LLC grew its position in SPDR Gold Shares by 24,600.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after purchasing an additional 606,411 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its position in SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Up 0.5 %
SPDR Gold Shares stock opened at $276.73 on Tuesday. The company has a market cap of $83.19 billion, a P/E ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 1-year low of $198.94 and a 1-year high of $279.26. The company has a fifty day simple moving average of $261.76 and a 200 day simple moving average of $249.96.
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).
Read More
- Five stocks we like better than SPDR Gold Shares
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Can TikTok Stock Picks Really Make You Rich?
- What Are Dividends? Buy the Best Dividend Stocks
- The “Quality” Rotation: Back to Basics Investing
- Stock Market Sectors: What Are They and How Many Are There?
- Occidental Petroleum: 4 Reasons to Love These Prices
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.