2,454 Shares in SPDR Gold Shares (NYSEARCA:GLD) Acquired by Intellus Advisors LLC

Intellus Advisors LLC bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,454 shares of the exchange traded fund’s stock, valued at approximately $594,000.

Several other hedge funds also recently bought and sold shares of GLD. Clarus Group Inc. lifted 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 purchasing an additional 40 shares during the period. Kellett Wealth Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 3.6% during the 4th quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after acquiring an additional 40 shares in the last quarter. Wealth Advisors of Iowa LLC lifted its stake in shares of SPDR Gold Shares by 3.9% during the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 40 shares in the last quarter. Magnus Financial Group LLC lifted its position in SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after acquiring an additional 41 shares in the last quarter. Finally, Pittenger & Anderson Inc. boosted its stake in shares of SPDR Gold Shares by 25.9% in 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 period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $278.49 on Friday. SPDR Gold Shares has a 1-year low of $199.72 and a 1-year high of $281.48. The business has a 50-day moving average of $264.47 and a 200-day moving average of $251.06. The company has a market capitalization of $83.71 billion, a PE ratio of -29.30 and a beta of 0.20.

About SPDR Gold Shares

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).