896 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Wealthcare Capital Partners LLC

Wealthcare Capital Partners LLC acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 896 shares of the exchange traded fund’s stock, valued at approximately $258,000.

Several other large investors also recently added to or reduced their stakes in the company. abrdn plc boosted its stake 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 purchasing an additional 6,768 shares during the period. WMG Financial Advisors LLC boosted its stake in SPDR Gold Shares by 18.9% in the 4th quarter. WMG Financial Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock worth $1,294,000 after purchasing an additional 851 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in SPDR Gold Shares by 1.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock worth $1,201,000 after purchasing an additional 90 shares during the period. Horizon Wealth Management LLC boosted its stake in SPDR Gold Shares by 61.6% in the 1st quarter. Horizon Wealth Management LLC now owns 82,640 shares of the exchange traded fund’s stock worth $23,812,000 after purchasing an additional 31,514 shares during the period. Finally, Lake Hills Wealth Management LLC boosted its stake in SPDR Gold Shares by 69.5% in the 1st quarter. Lake Hills Wealth Management LLC now owns 35,881 shares of the exchange traded fund’s stock worth $10,339,000 after purchasing an additional 14,717 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.3%

Shares of NYSEARCA GLD opened at $305.18 on Friday. SPDR Gold Shares has a 52 week low of $212.12 and a 52 week high of $317.63. The business has a 50-day simple moving average of $300.63 and a two-hundred day simple moving average of $272.64. The company has a market cap of $99.79 billion, a P/E ratio of -32.43 and a beta of 0.11.

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).