Impact Investors Inc Makes New Investment in SPDR Gold Shares (NYSEARCA:GLD)

Impact Investors Inc bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 870 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Several other large investors also recently bought and sold shares of the business. Clarus Group Inc. raised its position in shares of SPDR Gold Shares by 2.2% during the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 40 shares in the last quarter. Kellett Wealth Advisors LLC increased its stake in SPDR Gold Shares by 3.6% during the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after acquiring an additional 40 shares during the last quarter. Magnus Financial Group LLC raised its position in SPDR Gold Shares by 0.6% during the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after purchasing an additional 41 shares during the period. Pittenger & Anderson Inc. lifted its stake in shares of SPDR Gold Shares by 25.9% in the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 41 shares during the last quarter. Finally, Gradient Capital Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 0.7% in the 4th quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock worth $1,391,000 after purchasing an additional 42 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $268.62 on Wednesday. The business’s 50 day moving average price is $254.04 and its 200-day moving average price is $246.15. SPDR Gold Shares has a fifty-two week low of $187.53 and a fifty-two week high of $272.32. The company has a market cap of $80.75 billion, a P/E ratio of -28.59 and a beta of 0.20.

SPDR Gold Shares 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).