Exencial Wealth Advisors LLC Has $16.02 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Exencial Wealth Advisors LLC lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 66,151 shares of the exchange traded fund’s stock after selling 833 shares during the period. Exencial Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $16,017,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Proficio Capital Partners LLC boosted its position in shares of SPDR Gold Shares by 24,245.2% during the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after purchasing an additional 60,504,152 shares in the last quarter. Stifel Financial Corp raised its stake in SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after buying an additional 100,149 shares during the period. State Street Corp raised its stake in SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after buying an additional 47,507 shares during the period. US Bancorp DE boosted its holdings in SPDR Gold Shares by 0.5% in the fourth quarter. US Bancorp DE now owns 695,118 shares of the exchange traded fund’s stock worth $168,309,000 after acquiring an additional 3,470 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after acquiring an additional 30,952 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 1.3 %

Shares of NYSEARCA:GLD opened at $266.74 on Tuesday. SPDR Gold Shares has a twelve month low of $193.88 and a twelve month high of $272.32. The stock’s 50 day moving average is $256.08 and its 200-day moving average is $247.23. The firm has a market capitalization of $80.18 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20.

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).