Ashton Thomas Private Wealth LLC Has $12.46 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Ashton Thomas Private Wealth LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 44.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 51,458 shares of the exchange traded fund’s stock after buying an additional 15,874 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in SPDR Gold Shares were worth $12,460,000 as of its most recent filing with the SEC.

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

SPDR Gold Shares Stock Down 0.5 %

NYSEARCA:GLD opened at $268.25 on Friday. SPDR Gold Shares has a 12-month low of $198.91 and a 12-month high of $272.32. The firm has a market capitalization of $80.64 billion, a PE ratio of -28.59 and a beta of 0.20. The firm has a 50-day moving average price of $257.70 and a 200 day moving average price of $247.79.

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).