Capasso Planning Partners LLC Has $1.06 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Capasso Planning Partners LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 56.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,674 shares of the exchange traded fund’s stock after acquiring an additional 1,330 shares during the quarter. Capasso Planning Partners LLC’s holdings in SPDR Gold Shares were worth $1,059,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Proficio Capital Partners LLC raised its position in SPDR Gold Shares by 24,245.2% during the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock valued at $14,710,294,000 after purchasing an additional 60,504,152 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $450,109,000. Leigh Baldwin & CO. LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter worth $401,829,000. Wealthfront Advisers LLC increased its holdings in shares of SPDR Gold Shares by 1,374.2% during the fourth quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock worth $271,568,000 after buying an additional 1,045,499 shares in the last quarter. Finally, Mizuho Bank Ltd. bought a new position in shares of SPDR Gold Shares in the 4th quarter valued at $145,278,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.3%

Shares of GLD stock opened at $307.12 on Thursday. SPDR Gold Shares has a twelve month low of $212.12 and a twelve month high of $317.63. The stock’s fifty day simple moving average is $306.39 and its 200 day simple moving average is $278.32. The firm has a market capitalization of $100.43 billion, a P/E ratio of -32.43 and a beta of 0.11.

SPDR Gold Shares Company 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).