MN Wealth Advisors LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 21.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,221 shares of the exchange traded fund’s stock after purchasing an additional 215 shares during the quarter. MN Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $296,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. abrdn plc increased its holdings in shares of SPDR Gold Shares by 93.7% in the fourth 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 during the last quarter. Measured Wealth Private Client Group LLC increased its stake 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 acquiring an additional 3,356 shares during the last quarter. Advance Capital Management Inc. increased its stake 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 acquiring 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 approximately $564,000. Finally, Beaird Harris Wealth Management LLC increased its stake in SPDR Gold Shares by 25.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock worth $499,000 after acquiring an additional 416 shares during the last quarter. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Price Performance
Shares of NYSEARCA GLD opened at $266.29 on Friday. The business’s 50 day moving average is $250.74 and its two-hundred day moving average is $243.57. SPDR Gold Shares has a 1-year low of $184.84 and a 1-year high of $270.39.
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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