Pathstone Holdings LLC Grows Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Pathstone Holdings LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 26.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,322 shares of the exchange traded fund’s stock after buying an additional 12,463 shares during the period. Pathstone Holdings LLC’s holdings in SPDR Gold Shares were worth $14,611,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Clarus Group Inc. raised its position in shares of SPDR Gold Shares by 2.2% during the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 40 shares in the last quarter. Kellett Wealth Advisors LLC grew its stake in SPDR Gold Shares by 3.6% during the 4th quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after buying an additional 40 shares during the last quarter. Wealth Advisors of Iowa LLC grew its stake in SPDR Gold Shares by 3.9% during the 4th quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 40 shares during the last quarter. Magnus Financial Group LLC grew its stake in SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the last quarter. Finally, Pittenger & Anderson Inc. grew its stake in SPDR Gold Shares by 25.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 41 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 2.1%

NYSEARCA:GLD opened at $293.16 on Thursday. The firm has a market cap of $88.12 billion, a P/E ratio of -32.43 and a beta of 0.12. The stock’s 50 day simple moving average is $291.49 and its 200-day simple moving average is $265.65. SPDR Gold Shares has a 12-month low of $211.54 and a 12-month high of $317.63.

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).