Goepper Burkhardt LLC Raises Position in SPDR Gold Shares (NYSEARCA:GLD)

Goepper Burkhardt LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,640 shares of the exchange traded fund’s stock after buying an additional 145 shares during the quarter. Goepper Burkhardt LLC’s holdings in SPDR Gold Shares were worth $397,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC increased its holdings in shares of SPDR Gold Shares by 24,245.2% during the fourth 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 in the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR Gold Shares during the 4th quarter worth approximately $450,109,000. Wealthfront Advisers LLC increased its stake in SPDR Gold Shares by 1,374.2% during the 4th 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 in the last quarter. Strategic Financial Concepts LLC increased its stake in SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after purchasing an additional 606,411 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its stake in shares of SPDR Gold Shares by 446.0% during the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after buying an additional 195,520 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD opened at $284.06 on Monday. The company’s fifty day moving average price is $267.64 and its 200-day moving average price is $253.04. SPDR Gold Shares has a 1-year low of $206.29 and a 1-year high of $288.32. The firm has a market capitalization of $85.39 billion, a PE ratio of -29.30 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).