Atria Investments Inc Has $21.78 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Atria Investments Inc boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 11.4% in the 4th quarter, HoldingsChannel reports. The firm owned 89,937 shares of the exchange traded fund’s stock after acquiring an additional 9,203 shares during the period. Atria Investments Inc’s holdings in SPDR Gold Shares were worth $21,776,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Clarus Group Inc. increased its position in shares of SPDR Gold Shares by 2.2% in 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 period. Kellett Wealth Advisors LLC boosted its stake in shares of SPDR Gold Shares by 3.6% in the 4th quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after purchasing an additional 40 shares in the last quarter. Magnus Financial Group LLC boosted its position in SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after buying an additional 41 shares in the last quarter. Pittenger & Anderson Inc. grew its position in SPDR Gold Shares by 25.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 41 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in SPDR Gold Shares by 2.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,533 shares of the exchange traded fund’s stock worth $369,000 after purchasing an additional 41 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.9 %

Shares of GLD stock opened at $269.06 on Wednesday. The firm has a market capitalization of $80.88 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. The business’s 50-day moving average price is $256.64 and its 200-day moving average price is $247.49. SPDR Gold Shares has a 12 month low of $196.65 and a 12 month high of $272.32.

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).