SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Madrona Financial Services LLC

Madrona Financial Services LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,824 shares of the exchange traded fund’s stock after buying an additional 159 shares during the quarter. Madrona Financial Services LLC’s holdings in SPDR Gold Shares were worth $526,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in shares of SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after purchasing an additional 1,903 shares during the last quarter. Sprott Inc. boosted its holdings in shares of SPDR Gold Shares by 11.0% during the fourth quarter. Sprott Inc. now owns 3,829 shares of the exchange traded fund’s stock worth $927,000 after purchasing an additional 379 shares during the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $902,000. Lake Street Advisors Group LLC boosted its holdings in shares of SPDR Gold Shares by 304.8% during the fourth quarter. Lake Street Advisors Group LLC now owns 20,724 shares of the exchange traded fund’s stock worth $5,018,000 after purchasing an additional 15,605 shares during the last quarter. Finally, Cutter & CO Brokerage Inc. boosted its holdings in shares of SPDR Gold Shares by 53.6% during the fourth quarter. Cutter & CO Brokerage Inc. now owns 2,322 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 810 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.3%

GLD stock opened at $307.12 on Thursday. SPDR Gold Shares has a 52-week low of $212.12 and a 52-week high of $317.63. The stock’s fifty day simple moving average is $306.39 and its 200-day simple moving average is $278.32. The stock has a market capitalization of $100.43 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11.

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).