Heritage Oak Wealth Advisors LLC Grows Position in SPDR Gold Shares (NYSEARCA:GLD)

Heritage Oak Wealth Advisors LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 80.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,977 shares of the exchange traded fund’s stock after buying an additional 6,691 shares during the period. SPDR Gold Shares makes up about 1.7% of Heritage Oak Wealth Advisors LLC’s portfolio, making the stock its 10th largest position. Heritage Oak Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $3,626,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Proficio Capital Partners LLC raised its holdings in shares of SPDR Gold Shares by 24,245.2% in the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after buying an additional 60,504,152 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after acquiring an additional 606,411 shares during the last quarter. Diversify Advisory Services LLC grew its stake in SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of SPDR Gold Shares by 47.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after purchasing an additional 146,271 shares during the period. Finally, Banco Santander S.A. raised its stake in shares of SPDR Gold Shares by 245.1% in the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after purchasing an additional 114,151 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

Shares of NYSEARCA GLD opened at $269.03 on Thursday. SPDR Gold Shares has a 52 week low of $187.88 and a 52 week high of $272.32. The business’s 50 day moving average price is $254.64 and its 200 day moving average price is $246.31. The firm has a market cap of $80.87 billion, a P/E 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).