Jones Financial Companies Lllp Increases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Jones Financial Companies Lllp increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 79.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,646 shares of the exchange traded fund’s stock after buying an additional 36,996 shares during the quarter. Jones Financial Companies Lllp’s holdings in SPDR Gold Shares were worth $20,253,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Modera Wealth Management LLC boosted its holdings in SPDR Gold Shares by 16.1% during the 4th quarter. Modera Wealth Management LLC now owns 17,968 shares of the exchange traded fund’s stock worth $4,351,000 after acquiring an additional 2,498 shares during the last quarter. SRS Capital Advisors Inc. lifted its position in shares of SPDR Gold Shares by 136.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 2,512 shares of the exchange traded fund’s stock valued at $608,000 after purchasing an additional 1,448 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in SPDR Gold Shares during the fourth quarter worth about $59,000. Smartleaf Asset Management LLC grew its position in SPDR Gold Shares by 2.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,533 shares of the exchange traded fund’s stock worth $369,000 after purchasing an additional 41 shares in the last quarter. Finally, Wilmar Advisors LLC purchased a new stake in SPDR Gold Shares in the 4th quarter valued at about $1,453,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.6 %

SPDR Gold Shares stock opened at $263.27 on Monday. SPDR Gold Shares has a 52 week low of $189.23 and a 52 week high of $272.32. The company’s 50 day moving average price is $255.57 and its two-hundred day moving average price is $246.95. The stock has a market cap of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20.

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).