Cozad Asset Management Inc. Boosts Stake in SPDR Gold Shares (NYSEARCA:GLD)

Cozad Asset Management Inc. increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,371 shares of the exchange traded fund’s stock after acquiring an additional 72 shares during the period. Cozad Asset Management Inc.’s holdings in SPDR Gold Shares were worth $1,058,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GLD. Roxbury Financial LLC purchased a new stake in SPDR Gold Shares during the fourth quarter worth about $31,000. PayPay Securities Corp grew its position 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 during the period. Keystone Financial Group Inc. purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $39,000. Compass Planning Associates Inc purchased a new position in SPDR Gold Shares in the fourth quarter valued at approximately $39,000. Finally, SOA Wealth Advisors LLC. lifted its stake in SPDR Gold Shares by 54.0% in the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 68 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $276.73 on Tuesday. SPDR Gold Shares has a 1 year low of $198.94 and a 1 year high of $279.26. The business has a fifty day simple moving average of $261.76 and a two-hundred day simple moving average of $249.96. The company has a market capitalization of $83.19 billion, a P/E 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).