MONECO Advisors LLC grew its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 12.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 24,792 shares of the exchange traded fund’s stock after purchasing an additional 2,840 shares during the period. MONECO Advisors LLC’s holdings in SPDR Gold Shares were worth $6,003,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $28,000. Roxbury Financial LLC acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $31,000. PayPay Securities Corp grew its stake in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $35,000. Finally, Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $38,000. 42.19% of the stock is owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Down 0.1 %
Shares of SPDR Gold Shares stock opened at $270.74 on Friday. SPDR Gold Shares has a 12 month low of $187.05 and a 12 month high of $271.84. The business has a fifty day simple moving average of $253.00 and a 200 day simple moving average of $245.32.
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).
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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).
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