Exencial Wealth Advisors LLC Sells 833 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Exencial Wealth Advisors LLC decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,151 shares of the exchange traded fund’s stock after selling 833 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $16,017,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. Clarus Group Inc. raised its holdings in SPDR Gold Shares by 2.2% in the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 40 shares during the last quarter. Kellett Wealth Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 3.6% during the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after purchasing an additional 40 shares during the period. Magnus Financial Group LLC grew its stake in shares of SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares during the last quarter. Pittenger & Anderson Inc. grew its position in shares of SPDR Gold Shares by 25.9% in the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 41 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of SPDR Gold Shares by 2.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,533 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 41 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD opened at $266.74 on Tuesday. The business has a 50-day moving average of $256.08 and a 200-day moving average of $247.23. SPDR Gold Shares has a 1 year low of $193.88 and a 1 year high of $272.32. The company has a market capitalization of $80.18 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20.

About SPDR Gold Shares

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).