Keystone Wealth Services LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 10.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,015 shares of the exchange traded fund’s stock after buying an additional 98 shares during the quarter. Keystone Wealth Services LLC’s holdings in SPDR Gold Shares were worth $246,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new stake in SPDR Gold Shares in the third quarter worth $28,000. Roxbury Financial LLC purchased a new position in shares of SPDR Gold Shares in the 4th quarter worth $31,000. PayPay Securities Corp increased its holdings in shares of SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth about $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $38,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Up 1.3 %
GLD opened at $266.74 on Tuesday. The stock has a 50-day moving average of $256.08 and a 200 day moving average of $247.23. SPDR Gold Shares has a 12 month low of $193.88 and a 12 month high of $272.32. The firm has a market cap of $80.18 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).
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