RS Crum Inc. Has $14.76 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

RS Crum Inc. cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,948 shares of the exchange traded fund’s stock after selling 278 shares during the period. SPDR Gold Shares accounts for 3.6% of RS Crum Inc.’s investment portfolio, making the stock its 10th biggest position. RS Crum Inc.’s holdings in SPDR Gold Shares were worth $14,757,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. abrdn plc boosted its holdings in SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after purchasing an additional 6,768 shares during the period. WMG Financial Advisors LLC boosted its holdings in SPDR Gold Shares by 18.9% in the 4th quarter. WMG Financial Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock valued at $1,294,000 after purchasing an additional 851 shares during the period. Cassaday & Co Wealth Management LLC boosted its holdings in SPDR Gold Shares by 1.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock valued at $1,201,000 after purchasing an additional 90 shares during the period. Measured Wealth Private Client Group LLC boosted its holdings in SPDR Gold Shares by 5.5% in the 4th quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock valued at $15,659,000 after purchasing an additional 3,356 shares during the period. Finally, BKM Wealth Management LLC raised its position in shares of SPDR Gold Shares by 5.9% during the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 327 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $275.24 on Friday. The firm’s fifty day moving average price is $261.08 and its 200-day moving average price is $249.53. The stock has a market cap of $82.74 billion, a P/E ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a fifty-two week low of $198.94 and a fifty-two week high of $276.30.

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).