Sunbelt Securities Inc. Has $614,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Sunbelt Securities Inc. increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.1% during the 4th quarter, HoldingsChannel reports. The fund owned 2,552 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the quarter. Sunbelt Securities Inc.’s holdings in SPDR Gold Shares were worth $614,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Clarus Group Inc. increased its stake in shares of SPDR Gold Shares by 2.2% in the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 40 shares during the last quarter. Kellett Wealth Advisors LLC increased 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 during the last quarter. Wealth Advisors of Iowa LLC increased its stake in shares of SPDR Gold Shares by 3.9% in the 4th quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 40 shares during the last quarter. Pittenger & Anderson Inc. increased its stake in shares of SPDR Gold Shares by 25.9% in 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 during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of 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 valued at $369,000 after purchasing an additional 41 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 2.2%

Shares of GLD stock opened at $309.75 on Friday. The firm has a market capitalization of $93.11 billion, a P/E ratio of -32.43 and a beta of 0.12. SPDR Gold Shares has a twelve month low of $211.54 and a twelve month high of $317.63. The stock’s fifty day simple moving average is $295.49 and its 200 day simple moving average is $268.10.

SPDR Gold Shares 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).