CFO4Life Group LLC Has $346,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

CFO4Life Group LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,427 shares of the exchange traded fund’s stock after selling 86 shares during the period. CFO4Life Group LLC’s holdings in SPDR Gold Shares were worth $346,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of GLD. Proficio Capital Partners LLC grew its stake 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 buying an additional 60,504,152 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at approximately $450,109,000. Wealthfront Advisers LLC boosted its stake in shares of SPDR Gold Shares by 1,374.2% in the 4th quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock valued at $271,568,000 after purchasing an additional 1,045,499 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after purchasing an additional 606,411 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its stake in shares of SPDR Gold Shares by 446.0% in the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.4 %

GLD opened at $270.33 on Thursday. The company’s 50 day moving average is $259.86 and its 200-day moving average is $248.94. SPDR Gold Shares has a 1-year low of $198.94 and a 1-year high of $272.32. The company has a market cap of $81.26 billion, a P/E ratio of -28.59 and a beta of 0.20.

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).