Curio Wealth LLC Makes New Investment in SPDR Gold Shares (NYSEARCA:GLD)

Curio Wealth LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,561 shares of the exchange traded fund’s stock, valued at approximately $378,000.

Several other hedge funds have also modified their holdings of the stock. Clarus Group Inc. lifted its holdings in 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 raised its holdings in SPDR Gold Shares by 3.6% during the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after purchasing an additional 40 shares in the last quarter. Magnus Financial Group LLC lifted 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 worth $1,780,000 after purchasing an additional 41 shares during the period. Pittenger & Anderson Inc. boosted its stake 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 valued at $48,000 after purchasing an additional 41 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in SPDR Gold Shares by 2.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,533 shares of the exchange traded fund’s stock valued at $369,000 after purchasing an additional 41 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.0 %

Shares of SPDR Gold Shares stock opened at $275.24 on Monday. SPDR Gold Shares has a 52 week low of $198.94 and a 52 week high of $276.30. The company’s 50-day moving average price is $261.08 and its two-hundred day moving average price is $249.65. The stock has a market cap of $82.74 billion, a PE ratio of -29.30 and a beta of 0.20.

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).