Curated Wealth Partners LLC Buys New Position in SPDR Gold Shares $GLD

Curated Wealth Partners LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 22,158 shares of the exchange traded fund’s stock, valued at approximately $8,781,000. SPDR Gold Shares makes up approximately 0.9% of Curated Wealth Partners LLC’s portfolio, making the stock its 10th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 31,232.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after purchasing an additional 2,913,079 shares during the period. Bank of Montreal Can purchased a new position in shares of SPDR Gold Shares in the third quarter valued at $556,282,000. Corient Private Wealth LLC grew its holdings in SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after purchasing an additional 559,507 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in SPDR Gold Shares during the 2nd quarter valued at $99,996,000. Finally, Flow Traders U.S. LLC increased its stake in SPDR Gold Shares by 276.0% during the 2nd quarter. Flow Traders U.S. LLC now owns 304,814 shares of the exchange traded fund’s stock worth $92,916,000 after buying an additional 223,744 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 GLD stock opened at $404.13 on Wednesday. The company’s fifty day moving average price is $456.53 and its two-hundred day moving average price is $405.34. The firm has a market capitalization of $153.61 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $272.58 and a 12 month high of $509.70.

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SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

Further Reading

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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