EverSource Wealth Advisors LLC Purchases 1,061 Shares of SPDR Gold Shares (NYSEARCA:GLD)

EverSource Wealth Advisors LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,782 shares of the exchange traded fund’s stock after buying an additional 1,061 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $2,368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its stake in SPDR Gold Shares by 24,245.2% during the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after buying an additional 60,504,152 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $450,109,000. Wealthfront Advisers LLC lifted its position in shares of SPDR Gold Shares by 1,374.2% during the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock worth $271,568,000 after purchasing an additional 1,045,499 shares in the last quarter. Stifel Financial Corp lifted its position in shares of SPDR Gold Shares by 13.9% during the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares in the last quarter. Finally, State Street Corp lifted its position in shares of SPDR Gold Shares by 6.6% during the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after purchasing an additional 47,507 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 0.4 %

Shares of GLD stock opened at $270.33 on Thursday. SPDR Gold Shares has a 1 year low of $198.94 and a 1 year high of $272.32. The firm’s 50 day moving average is $259.86 and its 200-day moving average is $248.94. The firm has a market capitalization of $81.26 billion, a price-to-earnings 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).