J.Safra Asset Management Corp Acquires 4,205 Shares of SPDR Gold Shares (NYSEARCA:GLD)

J.Safra Asset Management Corp lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 13.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,021 shares of the exchange traded fund’s stock after purchasing an additional 4,205 shares during the period. SPDR Gold Shares accounts for about 0.7% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 19th biggest holding. J.Safra Asset Management Corp’s holdings in SPDR Gold Shares were worth $8,427,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Clarus Group Inc. boosted its stake in shares of SPDR Gold Shares by 2.2% during the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 40 shares in the last quarter. Kellett Wealth Advisors LLC lifted its holdings in 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 worth $281,000 after purchasing an additional 40 shares during the last quarter. Magnus Financial Group LLC boosted its position in SPDR Gold Shares by 0.6% during 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. grew its holdings in SPDR Gold Shares by 25.9% during the fourth 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 grew its holdings in SPDR Gold Shares by 2.7% during the fourth 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. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $269.06 on Wednesday. SPDR Gold Shares has a fifty-two week low of $196.65 and a fifty-two week high of $272.32. The firm has a fifty day moving average price of $256.64 and a two-hundred day moving average price of $247.49. The firm has a market cap of $80.88 billion, a price-to-earnings ratio of -28.59 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).