SPDR Gold Shares (NYSEARCA:GLD) Holdings Lifted by Ameraudi Asset Management Inc.

Ameraudi Asset Management Inc. increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 133.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,084 shares of the exchange traded fund’s stock after acquiring an additional 2,337 shares during the period. SPDR Gold Shares comprises about 0.5% of Ameraudi Asset Management Inc.’s holdings, making the stock its 25th largest holding. Ameraudi Asset Management Inc.’s holdings in SPDR Gold Shares were worth $989,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Murphy & Mullick Capital Management Corp acquired a new position in SPDR Gold Shares in the 4th quarter valued at approximately $26,000. Roxbury Financial LLC purchased a new position in shares of SPDR Gold Shares during the 4th quarter valued at $31,000. PayPay Securities Corp grew its holdings in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. acquired a new stake in SPDR Gold Shares during the fourth quarter valued at $39,000. Finally, Compass Planning Associates Inc purchased a new position in SPDR Gold Shares in the fourth quarter valued at about $39,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $284.06 on Friday. The firm has a market cap of $85.39 billion, a P/E ratio of -29.30 and a beta of 0.20. The stock’s 50-day moving average is $267.64 and its two-hundred day moving average is $252.90. SPDR Gold Shares has a fifty-two week low of $206.29 and a fifty-two week high of $284.64.

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).