Curio Wealth LLC Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Curio Wealth LLC bought a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,561 shares of the exchange traded fund’s stock, valued at approximately $378,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. abrdn plc lifted its position in SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after buying an additional 6,768 shares in the last quarter. WMG Financial Advisors LLC increased its stake in shares of SPDR Gold Shares by 18.9% in the fourth quarter. WMG Financial Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock worth $1,294,000 after acquiring an additional 851 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in shares of SPDR Gold Shares by 1.8% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock worth $1,201,000 after acquiring an additional 90 shares in the last quarter. Measured Wealth Private Client Group LLC boosted its position in SPDR Gold Shares by 5.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock valued at $15,659,000 after purchasing an additional 3,356 shares during the last quarter. Finally, BKM Wealth Management LLC grew its stake in SPDR Gold Shares by 5.9% in the fourth quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after purchasing an additional 327 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $275.24 on Monday. SPDR Gold Shares has a fifty-two week low of $198.94 and a fifty-two week high of $276.30. The stock’s 50-day moving average is $261.08 and its two-hundred day moving average is $249.65. The firm has a market cap of $82.74 billion, a P/E ratio of -29.30 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).