Glass Jacobson Investment Advisors llc Purchases 148 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Glass Jacobson Investment Advisors llc grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 8,114 shares of the exchange traded fund’s stock after acquiring an additional 148 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in SPDR Gold Shares were worth $1,965,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GLD. Murphy & Mullick Capital Management Corp acquired a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $26,000. Roxbury Financial LLC purchased a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $31,000. PayPay Securities Corp boosted its position 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 purchasing an additional 47 shares in the last quarter. Keystone Financial Group Inc. acquired a new stake in shares of SPDR Gold Shares in the 4th quarter worth $39,000. Finally, Compass Planning Associates Inc purchased a new position in SPDR Gold Shares during the 4th quarter worth $39,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $292.35 on Friday. The stock has a market cap of $87.88 billion, a PE ratio of -30.67 and a beta of 0.17. The stock has a 50-day moving average of $273.88 and a two-hundred day moving average of $256.20. SPDR Gold Shares has a one year low of $210.71 and a one year high of $298.49.

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).