626 Financial LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,011 shares of the exchange traded fund’s stock after acquiring an additional 135 shares during the period. 626 Financial LLC’s holdings in SPDR Gold Shares were worth $971,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of GLD. RDA Financial Network boosted its holdings in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after acquiring an additional 88 shares during the last quarter. Advance Capital Management Inc. grew its holdings in shares of SPDR Gold Shares by 9.4% during the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after purchasing an additional 316 shares during the period. Centaurus Financial Inc. increased its position in SPDR Gold Shares by 10.1% during the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after purchasing an additional 3,630 shares in the last quarter. Inspirion Wealth Advisors LLC raised its holdings in SPDR Gold Shares by 0.8% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after buying an additional 50 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in SPDR Gold Shares in the third quarter valued at approximately $564,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Gold Shares Trading Up 0.5 %
GLD opened at $247.03 on Wednesday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71. The company has a 50 day moving average of $243.74 and a two-hundred day moving average of $237.81.
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).
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