Roxbury Financial LLC Makes New $31,000 Investment in SPDR Gold Shares (NYSEARCA:GLD)

Roxbury Financial LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, Holdings Channel.com reports. The firm acquired 127 shares of the exchange traded fund’s stock, valued at approximately $31,000.

A number of other large investors also recently modified their holdings of GLD. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $28,000. PayPay Securities Corp boosted its position in shares of SPDR Gold Shares by 55.3% in the fourth 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 during the period. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $38,000. Finally, Keystone Financial Group Inc. bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at approximately $39,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

GLD stock opened at $266.29 on Friday. The firm has a 50 day moving average of $250.74 and a 200-day moving average of $243.57. SPDR Gold Shares has a 12 month low of $184.84 and a 12 month high of $270.39.

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).