Central Asset Investments & Management Holdings HK Ltd bought a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,116 shares of the exchange traded fund’s stock, valued at approximately $270,000.
Several other large investors have also bought and sold shares of the business. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at $28,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares during the 4th quarter worth approximately $31,000. PayPay Securities Corp grew its holdings in SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares in the 3rd quarter valued at approximately $35,000. Finally, Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares during the third quarter valued at $38,000. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Price Performance
Shares of GLD stock opened at $269.03 on Thursday. The stock has a market capitalization of $80.87 billion, a PE ratio of -28.59 and a beta of 0.20. The business’s 50 day simple moving average is $254.64 and its 200 day simple moving average is $246.31. SPDR Gold Shares has a one year low of $187.88 and a one year high of $272.32.
About SPDR Gold Shares
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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