LexAurum Advisors LLC acquired a new position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,637 shares of the exchange traded fund’s stock, valued at approximately $396,000.
Other large investors also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares in the third quarter worth $28,000. Capital Performance Advisors LLP bought a new stake in SPDR Gold Shares during the third quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new stake in SPDR Gold Shares during the third quarter valued at about $38,000. Sugarloaf Wealth Management LLC grew its holdings in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 71 shares during the period. Finally, Maryland Capital Advisors Inc. bought a new stake in SPDR Gold Shares during the third quarter valued at about $40,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.6 %
NYSEARCA GLD opened at $255.65 on Friday. The business has a 50-day moving average price of $244.93 and a 200-day moving average price of $239.17. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.
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).
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