Altiora Financial Group LLC Has $962,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Altiora Financial Group LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 41.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,972 shares of the exchange traded fund’s stock after selling 2,793 shares during the quarter. Altiora Financial Group LLC’s holdings in SPDR Gold Shares were worth $962,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Proficio Capital Partners LLC boosted its holdings in SPDR Gold Shares by 24,245.2% during the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after purchasing an additional 60,504,152 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in SPDR Gold Shares in the fourth quarter valued at $450,109,000. Stifel Financial Corp lifted its stake in SPDR Gold Shares by 13.9% in the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after acquiring an additional 100,149 shares during the last quarter. State Street Corp lifted its stake in SPDR Gold Shares by 6.6% in the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after acquiring an additional 47,507 shares during the last quarter. Finally, US Bancorp DE lifted its stake in SPDR Gold Shares by 0.5% in the fourth quarter. US Bancorp DE now owns 695,118 shares of the exchange traded fund’s stock valued at $168,309,000 after acquiring an additional 3,470 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $268.39 on Monday. The stock has a market cap of $80.68 billion, a P/E ratio of -28.59 and a beta of 0.20. The company has a fifty day moving average price of $258.24 and a two-hundred day moving average price of $248.27. SPDR Gold Shares has a one year low of $198.94 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).