Octavia Wealth Advisors LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 12.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,318 shares of the exchange traded fund’s stock after buying an additional 262 shares during the period. Octavia Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $561,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Commons Capital LLC lifted its stake in shares of SPDR Gold Shares by 91.5% in the fourth quarter. Commons Capital LLC now owns 7,444 shares of the exchange traded fund’s stock worth $1,802,000 after buying an additional 3,556 shares in the last quarter. Atomi Financial Group Inc. lifted its position in SPDR Gold Shares by 10.5% during the fourth quarter. Atomi Financial Group Inc. now owns 6,803 shares of the exchange traded fund’s stock valued at $1,647,000 after purchasing an additional 646 shares during the period. Transform Wealth LLC lifted its position in SPDR Gold Shares by 57.9% during the fourth quarter. Transform Wealth LLC now owns 35,459 shares of the exchange traded fund’s stock valued at $8,586,000 after purchasing an additional 13,004 shares during the period. Chesley Taft & Associates LLC lifted its position in SPDR Gold Shares by 2.6% during the fourth quarter. Chesley Taft & Associates LLC now owns 108,317 shares of the exchange traded fund’s stock valued at $26,227,000 after purchasing an additional 2,759 shares during the period. Finally, Clear Harbor Asset Management LLC lifted its position in SPDR Gold Shares by 12.3% during the fourth quarter. Clear Harbor Asset Management LLC now owns 7,524 shares of the exchange traded fund’s stock valued at $1,822,000 after purchasing an additional 822 shares during the period. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
Shares of SPDR Gold Shares stock opened at $253.13 on Wednesday. The company’s 50 day moving average is $243.99 and its 200 day moving average is $238.73. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.
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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