Capital Investment Advisors LLC Acquires 838 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Capital Investment Advisors LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,133 shares of the exchange traded fund’s stock after acquiring an additional 838 shares during the quarter. Capital Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $3,496,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. grew its position in SPDR Gold Shares by 6.6% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after acquiring an additional 35 shares during the last quarter. KMG Fiduciary Partners LLC boosted its stake in shares of SPDR Gold Shares by 1.1% during the first quarter. KMG Fiduciary Partners LLC now owns 3,563 shares of the exchange traded fund’s stock valued at $1,027,000 after purchasing an additional 38 shares in the last quarter. Marcum Wealth LLC boosted its stake in shares of SPDR Gold Shares by 4.3% during the first quarter. Marcum Wealth LLC now owns 954 shares of the exchange traded fund’s stock valued at $275,000 after purchasing an additional 39 shares in the last quarter. Clarus Group Inc. grew its holdings in shares of SPDR Gold Shares by 2.2% during the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 40 shares during the last quarter. Finally, Kellett Wealth Advisors LLC increased its stake in shares of SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after buying an additional 40 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $305.18 on Monday. The company has a 50 day simple moving average of $300.63 and a 200 day simple moving average of $272.82. SPDR Gold Shares has a 1 year low of $212.12 and a 1 year high of $317.63. The firm has a market cap of $99.79 billion, a PE ratio of -32.43 and a beta of 0.11.

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).