Cassaday & Co Wealth Management LLC Buys 90 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Cassaday & Co Wealth Management LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,962 shares of the exchange traded fund’s stock after acquiring an additional 90 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in SPDR Gold Shares were worth $1,201,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of GLD. abrdn plc lifted its stake in SPDR Gold Shares by 93.7% in the fourth quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after acquiring an additional 6,768 shares during the period. Measured Wealth Private Client Group LLC lifted its stake in shares of SPDR Gold Shares by 5.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after buying an additional 3,356 shares in the last quarter. BKM Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 5.9% in the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock worth $1,414,000 after purchasing an additional 327 shares in the last quarter. Advance Capital Management Inc. raised its stake in SPDR Gold Shares by 9.4% during the 4th 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 last quarter. Finally, GSA Capital Partners LLP purchased a new position in shares of SPDR Gold Shares in the third quarter worth approximately $564,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $270.99 on Friday. SPDR Gold Shares has a one year low of $187.05 and a one year high of $271.84. The company’s fifty day moving average price is $252.48 and its 200-day moving average price is $244.82.

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).