Prairie Wealth Advisors Inc. Has $9.48 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Prairie Wealth Advisors Inc. reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,169 shares of the exchange traded fund’s stock after selling 255 shares during the period. SPDR Gold Shares comprises approximately 4.6% of Prairie Wealth Advisors Inc.’s portfolio, making the stock its 3rd biggest holding. Prairie Wealth Advisors Inc.’s holdings in SPDR Gold Shares were worth $9,484,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its position in SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after purchasing an additional 3,010,682 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after acquiring an additional 606,411 shares during the last quarter. Diversify Advisory Services LLC increased its position in shares of SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after acquiring an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after acquiring an additional 146,271 shares during the last quarter. Finally, Banco Santander S.A. boosted its holdings in shares of SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after purchasing an additional 114,151 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Down 0.3 %

GLD opened at $263.43 on Friday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $265.99. The business has a 50 day simple moving average of $247.54 and a two-hundred day simple moving average of $241.49.

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).