Ameraudi Asset Management Inc. boosted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 133.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,084 shares of the exchange traded fund’s stock after purchasing an additional 2,337 shares during the period. SPDR Gold Shares makes up about 0.5% of Ameraudi Asset Management Inc.’s portfolio, making the stock its 25th largest holding. Ameraudi Asset Management Inc.’s holdings in SPDR Gold Shares were worth $989,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of GLD. Murphy & Mullick Capital Management Corp bought a new stake in SPDR Gold Shares during the fourth quarter worth approximately $26,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter worth $31,000. PayPay Securities Corp grew its holdings in shares of SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the last quarter. Keystone Financial Group Inc. acquired a new position in shares of SPDR Gold Shares in the 4th quarter worth $39,000. Finally, Compass Planning Associates Inc acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $39,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Up 0.7 %
NYSEARCA:GLD opened at $284.06 on Friday. The stock has a fifty day simple moving average of $267.64 and a 200 day simple moving average of $252.90. The firm has a market capitalization of $85.39 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 1-year low of $206.29 and a 1-year high of $284.64.
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).
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