Cerity Partners LLC Has $106.54 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Cerity Partners LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 440,013 shares of the exchange traded fund’s stock after selling 636 shares during the period. Cerity Partners LLC’s holdings in SPDR Gold Shares were worth $106,541,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. abrdn plc boosted its holdings in shares of SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after buying an additional 6,768 shares during the last quarter. WMG Financial Advisors LLC lifted its stake in SPDR Gold Shares by 18.9% in the fourth quarter. WMG Financial Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock valued at $1,294,000 after acquiring an additional 851 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its position in shares of SPDR Gold Shares by 1.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock valued at $1,201,000 after acquiring an additional 90 shares during the period. Measured Wealth Private Client Group LLC increased its stake in shares of SPDR Gold Shares by 5.5% during 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 purchasing an additional 3,356 shares during the last quarter. Finally, BKM Wealth Management LLC increased its stake in shares of 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 worth $1,414,000 after purchasing an additional 327 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $279.72 on Monday. The company has a 50-day simple moving average of $270.91 and a 200 day simple moving average of $254.76. The company has a market capitalization of $84.08 billion, a P/E ratio of -30.67 and a beta of 0.17. SPDR Gold Shares has a 52-week low of $210.71 and a 52-week high of $289.13.

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).