SPDR Gold Shares (NYSEARCA:GLD) Holdings Lifted by Kellett Wealth Advisors LLC

Kellett Wealth Advisors LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,160 shares of the exchange traded fund’s stock after buying an additional 40 shares during the period. Kellett Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $281,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter worth $28,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter worth about $31,000. PayPay Securities Corp increased its holdings in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares during the last quarter. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $35,000. Finally, Pittenger & Anderson Inc. acquired a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $38,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $268.62 on Wednesday. The stock’s 50-day moving average is $254.04 and its 200-day moving average is $246.15. 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 has a 52-week low of $187.53 and a 52-week high of $272.32.

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).