Chicago Capital LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 9.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,603 shares of the exchange traded fund’s stock after acquiring an additional 140 shares during the quarter. Chicago Capital LLC’s holdings in SPDR Gold Shares were worth $388,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the stock. Burford Brothers Inc. grew its stake in shares of SPDR Gold Shares by 12.8% during the fourth quarter. Burford Brothers Inc. now owns 1,099 shares of the exchange traded fund’s stock valued at $266,000 after purchasing an additional 125 shares during the last quarter. Alterna Wealth Management Inc. bought a new position in SPDR Gold Shares in the 4th quarter valued at $223,000. McAdam LLC increased its stake in shares of SPDR Gold Shares by 73.8% in the 4th quarter. McAdam LLC now owns 3,313 shares of the exchange traded fund’s stock valued at $802,000 after buying an additional 1,407 shares during the period. U.S. Capital Wealth Advisors LLC raised its position in shares of SPDR Gold Shares by 5.0% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 30,986 shares of the exchange traded fund’s stock worth $7,503,000 after acquiring an additional 1,486 shares during the last quarter. Finally, Golden State Equity Partners lifted its stake in shares of SPDR Gold Shares by 6.1% during the fourth quarter. Golden State Equity Partners now owns 962 shares of the exchange traded fund’s stock valued at $233,000 after acquiring an additional 55 shares during the period. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Trading Up 0.5 %
Shares of GLD stock opened at $259.94 on Tuesday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $261.39. The stock has a 50-day moving average price of $246.38 and a 200 day moving average price of $240.80.
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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