Bison Wealth LLC Has $1.44 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Bison Wealth LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 77.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,941 shares of the exchange traded fund’s stock after purchasing an additional 2,600 shares during the quarter. Bison Wealth LLC’s holdings in SPDR Gold Shares were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in GLD. Murphy & Mullick Capital Management Corp acquired a new stake in shares of SPDR Gold Shares in the fourth quarter worth $26,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares during the 4th quarter worth about $31,000. PayPay Securities Corp grew its stake in SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares in the last quarter. Compass Planning Associates Inc acquired a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $39,000. Finally, Keystone Financial Group Inc. acquired a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $306.06 on Wednesday. The firm has a 50 day simple moving average of $283.82 and a 200 day simple moving average of $261.70. SPDR Gold Shares has a 52 week low of $210.71 and a 52 week high of $317.63. The stock has a market cap of $92.00 billion, a P/E ratio of -32.58 and a beta of 0.17.

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).