Elwood & Goetz Wealth Advisory Group LLC Acquires 199 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Elwood & Goetz Wealth Advisory Group LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,314 shares of the exchange traded fund’s stock after purchasing an additional 199 shares during the quarter. Elwood & Goetz Wealth Advisory Group LLC’s holdings in SPDR Gold Shares were worth $379,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in GLD. Murphy & Mullick Capital Management Corp acquired a new stake in SPDR Gold Shares during the 4th quarter valued at $26,000. HWG Holdings LP acquired a new position in SPDR Gold Shares in the 1st quarter valued at $53,000. Inlight Wealth Management LLC acquired a new position in SPDR Gold Shares during the first quarter worth about $55,000. American National Bank & Trust increased its stake in shares of SPDR Gold Shares by 189.4% in the first quarter. American National Bank & Trust now owns 191 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 125 shares during the period. Finally, Mattson Financial Services LLC acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $56,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.0%

GLD opened at $310.13 on Monday. The company has a fifty day moving average of $305.94 and a 200-day moving average of $277.45. The stock has a market cap of $101.41 billion, a PE ratio of -32.43 and a beta of 0.11. SPDR Gold Shares has a twelve month low of $212.12 and a twelve month high of $317.63.

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).