OneAscent Wealth Management LLC Has $1.30 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

OneAscent Wealth Management LLC lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 12.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,376 shares of the exchange traded fund’s stock after selling 731 shares during the quarter. SPDR Gold Shares comprises approximately 0.5% of OneAscent Wealth Management LLC’s investment portfolio, making the stock its 21st biggest holding. OneAscent Wealth Management LLC’s holdings in SPDR Gold Shares were worth $1,302,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Proficio Capital Partners LLC boosted its holdings in SPDR Gold Shares by 24,245.2% in the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock valued at $14,710,294,000 after acquiring an additional 60,504,152 shares during the last quarter. Raymond James Financial Inc. acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $450,109,000. Wealthfront Advisers LLC lifted its position in SPDR Gold Shares by 1,374.2% during 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 during the period. 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 during the last quarter. Finally, Diversify Advisory Services LLC grew its position in shares of SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after buying an additional 195,520 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $284.06 on Friday. SPDR Gold Shares has a fifty-two week low of $206.29 and a fifty-two week high of $284.64. The firm has a market capitalization of $85.39 billion, a P/E ratio of -29.30 and a beta of 0.20. The company’s 50 day simple moving average is $267.64 and its 200 day simple moving average is $252.76.

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).