SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Lessened by RS Crum Inc.

RS Crum Inc. decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,948 shares of the exchange traded fund’s stock after selling 278 shares during the quarter. SPDR Gold Shares makes up 3.6% of RS Crum Inc.’s investment portfolio, making the stock its 10th largest position. RS Crum Inc.’s holdings in SPDR Gold Shares were worth $14,757,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of GLD. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at about $31,000. PayPay Securities Corp boosted its stake in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares in the last quarter. Keystone Financial Group Inc. bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at about $39,000. Compass Planning Associates Inc bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at about $39,000. Finally, SOA Wealth Advisors LLC. boosted its stake in shares of SPDR Gold Shares by 54.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.0 %

Shares of GLD opened at $275.24 on Friday. The firm’s 50-day moving average price is $261.08 and its 200-day moving average price is $249.53. The firm has a market capitalization of $82.74 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 1-year low of $198.94 and a 1-year high of $276.30.

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).