WealthPLAN Partners LLC Buys 1,096 Shares of SPDR Gold Shares (NYSEARCA:GLD)

WealthPLAN Partners LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 60.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,904 shares of the exchange traded fund’s stock after purchasing an additional 1,096 shares during the period. WealthPLAN Partners LLC’s holdings in SPDR Gold Shares were worth $703,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. abrdn plc raised its holdings in SPDR Gold Shares by 93.7% during the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after buying an additional 6,768 shares during the period. Measured Wealth Private Client Group LLC raised its stake in shares of SPDR Gold Shares by 5.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock valued at $15,659,000 after acquiring an additional 3,356 shares during the period. Advance Capital Management Inc. raised its stake in shares of SPDR Gold Shares by 9.4% in the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after acquiring an additional 316 shares during the period. GSA Capital Partners LLP bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth about $564,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in shares of SPDR Gold Shares by 25.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 416 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $266.29 on Friday. SPDR Gold Shares has a 1-year low of $184.84 and a 1-year high of $270.39. The company’s 50-day moving average is $250.28 and its 200 day moving average is $243.26.

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).