Global Assets Advisory LLC Increases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Global Assets Advisory LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,974 shares of the exchange traded fund’s stock after buying an additional 396 shares during the quarter. Global Assets Advisory LLC’s holdings in SPDR Gold Shares were worth $975,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Murphy & Mullick Capital Management Corp purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth $26,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares in the 4th quarter valued at about $31,000. PayPay Securities Corp grew its position 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. Keystone Financial Group Inc. bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $39,000. Finally, Compass Planning Associates Inc purchased a new stake in SPDR Gold Shares during the fourth quarter valued at approximately $39,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.7 %

NYSEARCA GLD opened at $306.84 on Friday. The firm’s fifty day simple moving average is $289.80 and its two-hundred day simple moving average is $264.72. The firm has a market capitalization of $92.24 billion, a P/E ratio of -32.58 and a beta of 0.17. SPDR Gold Shares has a 12-month low of $211.54 and a 12-month high of $317.63.

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).