Matauro LLC Has $4.47 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Matauro LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,522 shares of the exchange traded fund’s stock after selling 104 shares during the quarter. SPDR Gold Shares comprises 0.9% of Matauro LLC’s portfolio, making the stock its 20th biggest position. Matauro LLC’s holdings in SPDR Gold Shares were worth $4,473,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. WMG Financial Advisors LLC grew its position in shares of SPDR Gold Shares by 18.9% during the 4th quarter. WMG Financial Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock worth $1,294,000 after buying an additional 851 shares during the period. Lloyd Advisory Services LLC. acquired a new position in shares of SPDR Gold Shares in the 1st quarter valued at approximately $217,000. Cassaday & Co Wealth Management LLC grew its position in shares of 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 valued at $1,201,000 after purchasing an additional 90 shares during the period. Horizon Wealth Management LLC grew its position in shares of 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 valued at $23,812,000 after purchasing an additional 31,514 shares during the period. Finally, Lake Hills Wealth Management LLC grew its position in shares of 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 valued at $10,339,000 after purchasing an additional 14,717 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $316.29 on Friday. The stock has a 50 day simple moving average of $303.57 and a 200 day simple moving average of $274.67. SPDR Gold Shares has a 52-week low of $212.12 and a 52-week high of $317.63. The firm has a market capitalization of $103.43 billion, a PE 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).