Patten & Patten Inc. TN Grows Stake in SPDR Gold Shares (NYSEARCA:GLD)

Patten & Patten Inc. TN grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 5.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,559 shares of the exchange traded fund’s stock after purchasing an additional 231 shares during the quarter. Patten & Patten Inc. TN’s holdings in SPDR Gold Shares were worth $1,104,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Roxbury Financial LLC purchased a new position in SPDR Gold Shares in the fourth quarter worth $31,000. PayPay Securities Corp grew its holdings in SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares during the last quarter. Keystone Financial Group Inc. purchased a new position in SPDR Gold Shares in the fourth quarter worth $39,000. Compass Planning Associates Inc purchased a new position in SPDR Gold Shares in the fourth quarter worth $39,000. Finally, SOA Wealth Advisors LLC. grew its holdings in SPDR Gold Shares by 54.0% in the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 68 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.0 %

NYSEARCA GLD opened at $275.24 on Monday. The firm has a market capitalization of $82.74 billion, a P/E ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 12-month low of $198.94 and a 12-month high of $276.30. The firm’s fifty day simple moving average is $261.08 and its two-hundred day simple moving average is $249.65.

SPDR Gold Shares 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).