Keystone Wealth Services LLC Purchases 98 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Keystone Wealth Services LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 10.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,015 shares of the exchange traded fund’s stock after purchasing an additional 98 shares during the quarter. Keystone Wealth Services LLC’s holdings in SPDR Gold Shares were worth $246,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in GLD. abrdn plc increased its stake in SPDR Gold Shares by 93.7% in the fourth quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after purchasing an additional 6,768 shares during the period. Cassaday & Co Wealth Management LLC grew its holdings in shares of SPDR Gold Shares by 1.8% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock worth $1,201,000 after purchasing an additional 90 shares during the last quarter. Measured Wealth Private Client Group LLC increased its stake in SPDR Gold Shares by 5.5% in the 4th quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after buying an additional 3,356 shares during the period. BKM Wealth Management LLC lifted its holdings in SPDR Gold Shares by 5.9% during the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 327 shares in the last quarter. Finally, Advance Capital Management Inc. boosted its position in SPDR Gold Shares by 9.4% in the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after buying an additional 316 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $266.74 on Tuesday. The company has a market capitalization of $80.18 billion, a P/E ratio of -28.59 and a beta of 0.20. The company’s 50-day simple moving average is $256.08 and its two-hundred day simple moving average is $247.23. SPDR Gold Shares has a one year low of $193.88 and a one year 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).