Life Planning Partners Inc Makes New $6.63 Million Investment in SPDR Gold Shares (NYSEARCA:GLD)

Life Planning Partners Inc purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 27,361 shares of the exchange traded fund’s stock, valued at approximately $6,625,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. abrdn plc boosted its stake in SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after purchasing an additional 6,768 shares during the period. Measured Wealth Private Client Group LLC raised its stake in shares of SPDR Gold Shares by 5.5% in 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 during the period. Advance Capital Management Inc. lifted its holdings in shares of SPDR Gold Shares by 9.4% in the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 316 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of SPDR Gold Shares during the third quarter worth about $564,000. Finally, Beaird Harris Wealth Management LLC grew its holdings 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 worth $499,000 after buying an additional 416 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $270.31 on Friday. The business’s 50 day simple moving average is $249.73 and its 200 day simple moving average is $243.07. SPDR Gold Shares has a 52-week low of $183.78 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).