Life Planning Partners Inc Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Life Planning Partners Inc purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 27,361 shares of the exchange traded fund’s stock, valued at approximately $6,625,000.

Several other large investors have also bought and sold shares of the business. Proficio Capital Partners LLC raised 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 valued at $14,710,294,000 after acquiring an additional 60,504,152 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $450,109,000. Wealthfront Advisers LLC increased its holdings in SPDR Gold Shares by 1,374.2% in the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock valued at $271,568,000 after purchasing an additional 1,045,499 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in SPDR Gold Shares by 3.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 980,065 shares of the exchange traded fund’s stock valued at $237,303,000 after buying an additional 32,712 shares during the period. Finally, Stifel Financial Corp boosted its holdings in SPDR Gold Shares by 13.9% during the third 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 last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $284.06 on Friday. The stock has a market cap of $85.39 billion, a PE ratio of -29.30 and a beta of 0.20. The stock has a 50-day moving average of $267.64 and a 200-day moving average of $252.90. SPDR Gold Shares has a one year low of $206.29 and a one year high of $284.64.

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).