WorthPointe LLC Buys 3,846 Shares of SPDR Gold Shares (NYSEARCA:GLD)

WorthPointe LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 62.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,997 shares of the exchange traded fund’s stock after purchasing an additional 3,846 shares during the quarter. SPDR Gold Shares accounts for about 1.0% of WorthPointe LLC’s portfolio, making the stock its 15th biggest position. WorthPointe LLC’s holdings in SPDR Gold Shares were worth $2,421,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Roxbury Financial LLC bought a new stake in SPDR Gold Shares in the 4th quarter worth about $31,000. PayPay Securities Corp grew its holdings in shares of SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Compass Planning Associates Inc bought a new stake in SPDR Gold Shares during the fourth quarter worth $39,000. Finally, SOA Wealth Advisors LLC. lifted its holdings in SPDR Gold Shares by 54.0% during the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 68 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $277.25 on Tuesday. SPDR Gold Shares has a 1 year low of $200.97 and a 1 year high of $281.48. The company has a market capitalization of $83.34 billion, a PE ratio of -29.30 and a beta of 0.20. The business has a fifty day moving average price of $265.10 and a two-hundred day moving average price of $251.67.

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).