Larson Financial Group LLC Buys 10,569 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Larson Financial Group LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 45.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,994 shares of the exchange traded fund’s stock after acquiring an additional 10,569 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Gold Shares were worth $8,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the third quarter worth $28,000. Roxbury Financial LLC purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at about $31,000. PayPay Securities Corp increased its position in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 47 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares during the third quarter valued at about $35,000. Finally, Compass Planning Associates Inc purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at about $39,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.1 %

GLD opened at $268.39 on Friday. The stock has a market cap of $80.68 billion, a PE ratio of -28.59 and a beta of 0.20. The business has a 50 day moving average of $258.24 and a 200-day moving average of $248.05. SPDR Gold Shares has a 52 week low of $198.94 and a 52 week high of $272.32.

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).