Christensen King & Associates Investment Services Inc. lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,538 shares of the exchange traded fund’s stock after purchasing an additional 60 shares during the period. Christensen King & Associates Investment Services Inc.’s holdings in SPDR Gold Shares were worth $854,000 as of its most recent filing with the SEC.
Several other institutional investors also recently added to or reduced their stakes in GLD. Semmax Financial Advisors Inc. raised its holdings in SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. acquired a new stake in SPDR Gold Shares during the 3rd quarter valued at $38,000. Finally, Sugarloaf Wealth Management LLC boosted its stake in SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares in the last quarter. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Trading Down 1.0 %
Shares of NYSEARCA GLD opened at $245.74 on Tuesday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The firm’s 50-day simple moving average is $243.87 and its 200 day simple moving average is $237.59.
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).
See Also
- Five stocks we like better than SPDR Gold Shares
- What is a support level?
- 2 Stocks to Gain From Trump Universal Tariffs on Critical Imports
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
- With Risk Tolerance, One Size Does Not Fit All
- Delta Can Fly to New Highs in 2025; Here’s Why
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
