Wilmar Advisors LLC Buys Shares of 6,000 SPDR Gold Shares (NYSEARCA:GLD)

Wilmar Advisors LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, Holdings Channel reports. The fund purchased 6,000 shares of the exchange traded fund’s stock, valued at approximately $1,453,000. SPDR Gold Shares accounts for approximately 1.3% of Wilmar Advisors LLC’s investment portfolio, making the stock its 12th biggest holding.

Several other large investors have also modified their holdings of GLD. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $28,000. Roxbury Financial LLC purchased a new position in SPDR Gold Shares during the fourth quarter worth $31,000. PayPay Securities Corp increased its position in SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares during the third quarter worth $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares during the 3rd quarter worth about $38,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.6 %

SPDR Gold Shares stock opened at $263.27 on Friday. The stock has a market cap of $79.14 billion, a PE ratio of -28.59 and a beta of 0.20. The stock has a 50-day moving average price of $255.57 and a 200 day moving average price of $246.81. SPDR Gold Shares has a 52 week low of $189.23 and a 52 week high of $272.32.

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).