Smartleaf Asset Management LLC Has $369,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Smartleaf Asset Management LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.7% in the fourth quarter, Holdings Channel reports. The firm owned 1,533 shares of the exchange traded fund’s stock after purchasing an additional 41 shares during the quarter. Smartleaf Asset Management LLC’s holdings in SPDR Gold Shares were worth $369,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $28,000. Roxbury Financial LLC acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth approximately $31,000. PayPay Securities Corp raised its stake in shares of SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares in the 3rd quarter worth approximately $35,000. Finally, Pittenger & Anderson Inc. bought a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $38,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD stock opened at $269.06 on Wednesday. The stock has a market capitalization of $80.88 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. The business has a fifty day moving average price of $256.64 and a 200 day moving average price of $247.49. SPDR Gold Shares has a fifty-two week low of $196.65 and a fifty-two 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).