Highview Capital Management LLC DE Decreases Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Highview Capital Management LLC DE cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 52.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,137 shares of the exchange traded fund’s stock after selling 21,502 shares during the quarter. SPDR Gold Shares comprises about 1.8% of Highview Capital Management LLC DE’s investment portfolio, making the stock its 18th biggest position. Highview Capital Management LLC DE’s holdings in SPDR Gold Shares were worth $4,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. abrdn plc raised its stake in shares of SPDR Gold Shares by 93.7% during 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 holdings in SPDR Gold Shares by 5.5% during the 4th 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 purchasing an additional 3,356 shares in the last quarter. Advance Capital Management Inc. increased 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 worth $892,000 after buying an additional 316 shares during the period. GSA Capital Partners LLP acquired a new position in SPDR Gold Shares in the 3rd quarter worth $564,000. Finally, Beaird Harris Wealth Management LLC boosted its position in SPDR Gold Shares by 25.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $499,000 after buying an additional 416 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $266.29 on Monday. The stock’s 50 day moving average is $250.74 and its two-hundred day moving average is $243.72. SPDR Gold Shares has a 52-week low of $184.84 and a 52-week 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).