SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Mittelman Wealth Management

by · The Cerbat Gem

Mittelman Wealth Management reduced its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 3.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,424 shares of the exchange traded fund’s stock after selling 44 shares during the quarter. SPDR Gold Shares comprises about 0.3% of Mittelman Wealth Management’s portfolio, making the stock its 27th largest holding. Mittelman Wealth Management’s holdings in SPDR Gold Shares were worth $345,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of GLD. abrdn plc lifted its stake 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 worth $3,391,000 after buying an additional 6,768 shares during the period. WMG Financial Advisors LLC raised its stake in shares of SPDR Gold Shares by 18.9% in the fourth quarter. WMG Financial Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock worth $1,294,000 after purchasing an additional 851 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 1.8% during 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 during the period. Measured Wealth Private Client Group LLC boosted 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 valued at $15,659,000 after buying an additional 3,356 shares during the last quarter. Finally, BKM Wealth Management LLC boosted 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 valued at $1,414,000 after buying an additional 327 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.9%

GLD opened at $303.11 on Friday. SPDR Gold Shares has a 12-month low of $211.54 and a 12-month high of $317.63. The firm has a 50 day moving average of $294.89 and a two-hundred day moving average of $267.56. The firm has a market capitalization of $91.11 billion, a PE ratio of -32.43 and a beta of 0.12.

About SPDR Gold Shares

(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).

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