Life Planning Partners Inc bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor bought 27,361 shares of the exchange traded fund’s stock, valued at approximately $6,625,000.
Several other large investors have also recently bought and sold shares of GLD. abrdn plc raised its stake in shares of SPDR Gold Shares by 93.7% during the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after purchasing an additional 6,768 shares in the last quarter. Measured Wealth Private Client Group LLC increased its holdings in SPDR Gold Shares by 5.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after buying an additional 3,356 shares during the last quarter. Advance Capital Management Inc. increased its holdings in SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares during the last quarter. GSA Capital Partners LLP bought a new stake in SPDR Gold Shares during the third quarter worth $564,000. Finally, Beaird Harris Wealth Management LLC lifted its stake in SPDR Gold Shares by 25.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $499,000 after acquiring an additional 416 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Performance
SPDR Gold Shares stock opened at $270.31 on Friday. The company’s 50-day moving average is $249.73 and its 200-day moving average is $243.07. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $270.39.
SPDR Gold Shares 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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