Center for Financial Planning Inc. Acquires Shares of 652 SPDR Gold Shares (NYSEARCA:GLD)

Center for Financial Planning Inc. acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 652 shares of the exchange traded fund’s stock, valued at approximately $158,000.

Other hedge funds also recently added to or reduced their stakes in the company. abrdn plc raised its position 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 valued at $3,391,000 after purchasing an additional 6,768 shares during the period. Measured Wealth Private Client Group LLC grew its stake in shares of SPDR Gold Shares by 5.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock valued at $15,659,000 after acquiring an additional 3,356 shares in the last quarter. Advance Capital Management Inc. grew 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 acquiring an additional 316 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of SPDR Gold Shares during the third quarter valued at about $564,000. Finally, Beaird Harris Wealth Management LLC grew its stake in shares of SPDR Gold Shares by 25.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $499,000 after acquiring an additional 416 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $266.29 on Friday. The business has a 50-day moving average of $250.28 and a 200-day moving average of $243.26. SPDR Gold Shares has a 1-year low of $184.84 and a 1-year high of $270.39.

About SPDR Gold Shares

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).