OneAscent Financial Services LLC acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,901 shares of the exchange traded fund’s stock, valued at approximately $3,366,000.
A number of other hedge funds have also recently modified their holdings of GLD. Proficio Capital Partners LLC boosted its stake in 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 purchasing an additional 60,504,152 shares during the last quarter. Raymond James Financial Inc. bought a new position in SPDR Gold Shares during the 4th quarter valued at about $450,109,000. Wealthfront Advisers LLC boosted its holdings in shares of 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 acquiring an additional 1,045,499 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of 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 worth $237,303,000 after acquiring an additional 32,712 shares during the period. Finally, Stifel Financial Corp raised its holdings in shares of 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 valued at $199,924,000 after purchasing an additional 100,149 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 0.2 %
Shares of SPDR Gold Shares stock opened at $287.57 on Wednesday. SPDR Gold Shares has a twelve month low of $208.36 and a twelve month high of $289.13. The company has a market cap of $86.44 billion, a price-to-earnings ratio of -30.67 and a beta of 0.17. The company’s 50 day moving average is $269.11 and its 200 day moving average is $253.75.
SPDR Gold Shares Company 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).
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