International Private Wealth Advisors LLC Decreases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

International Private Wealth Advisors LLC reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,076 shares of the exchange traded fund’s stock after selling 96 shares during the quarter. SPDR Gold Shares makes up 1.0% of International Private Wealth Advisors LLC’s investment portfolio, making the stock its 24th largest position. International Private Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $987,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. abrdn plc raised its stake in SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after purchasing an additional 6,768 shares during the last quarter. Measured Wealth Private Client Group LLC boosted its stake in shares of SPDR Gold Shares by 5.5% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after purchasing an additional 3,356 shares during the last quarter. RDA Financial Network grew its holdings in shares of SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after buying an additional 88 shares in the last quarter. Advance Capital Management Inc. lifted its stake in shares of 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 valued at $892,000 after buying an additional 316 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in shares of SPDR Gold Shares during the third quarter valued at approximately $564,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.7 %

Shares of GLD opened at $268.37 on Tuesday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $268.66. The stock has a fifty day moving average of $248.30 and a two-hundred day moving average of $242.21.

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).