SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Compass Wealth Management LLC

Compass Wealth Management LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 17.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,193 shares of the exchange traded fund’s stock after purchasing an additional 177 shares during the period. Compass Wealth Management LLC’s holdings in SPDR Gold Shares were worth $344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Leigh Baldwin & CO. LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth about $401,829,000. Ameriprise Financial Inc. raised its holdings in SPDR Gold Shares by 10.9% during the fourth quarter. Ameriprise Financial Inc. now owns 1,387,693 shares of the exchange traded fund’s stock worth $335,909,000 after purchasing an additional 136,120 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in SPDR Gold Shares by 1,374.2% during the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock worth $271,568,000 after purchasing an additional 1,045,499 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in SPDR Gold Shares by 3.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 980,065 shares of the exchange traded fund’s stock worth $237,303,000 after purchasing an additional 32,712 shares in the last quarter. Finally, Stifel Financial Corp raised its holdings in SPDR Gold Shares by 0.9% during the fourth quarter. Stifel Financial Corp now owns 829,955 shares of the exchange traded fund’s stock worth $200,957,000 after purchasing an additional 7,424 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $307.14 on Friday. The company’s fifty day moving average price is $306.16 and its 200 day moving average price is $281.50. SPDR Gold Shares has a 12 month low of $217.27 and a 12 month high of $317.63. The firm has a market capitalization of $101.60 billion, a P/E ratio of -32.43 and a beta of 0.15.

SPDR Gold Shares Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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