OFC Financial Planning LLC purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 5,450 shares of the exchange traded fund’s stock, valued at approximately $1,320,000. SPDR Gold Shares accounts for about 1.4% of OFC Financial Planning LLC’s portfolio, making the stock its 16th biggest position.
Several other institutional investors have also recently bought and sold shares of the stock. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the third quarter valued at $28,000. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at about $38,000. Sugarloaf Wealth Management LLC boosted its stake in SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new position in SPDR Gold Shares during the third quarter valued at approximately $40,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.2 %
Shares of SPDR Gold Shares stock opened at $258.56 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $259.99. The stock’s fifty day simple moving average is $246.38 and its 200 day simple moving average is $240.62.
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).
Read More
- Five stocks we like better than SPDR Gold Shares
- How to Use the MarketBeat Dividend Calculator
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- Bank Stocks – Best Bank Stocks to Invest In
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
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).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
