Moss Adams Wealth Advisors LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 5,472 shares of the exchange traded fund’s stock, valued at approximately $1,325,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. XTX Topco Ltd grew its position in shares of SPDR Gold Shares by 101.6% during the 2nd quarter. XTX Topco Ltd now owns 2,968 shares of the exchange traded fund’s stock worth $638,000 after purchasing an additional 1,496 shares in the last quarter. Brighton Jones LLC grew its position in SPDR Gold Shares by 2.1% during the second quarter. Brighton Jones LLC now owns 11,252 shares of the exchange traded fund’s stock worth $2,419,000 after buying an additional 234 shares in the last quarter. Garden State Investment Advisory Services LLC increased its stake in SPDR Gold Shares by 3.4% during the 2nd quarter. Garden State Investment Advisory Services LLC now owns 4,516 shares of the exchange traded fund’s stock worth $971,000 after acquiring an additional 149 shares during the period. TPG Advisors LLC acquired a new position in SPDR Gold Shares in the 2nd quarter valued at $335,000. Finally, Bulltick Wealth Management LLC bought a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at $260,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
Shares of NYSEARCA GLD opened at $249.27 on Friday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The stock’s fifty day moving average is $243.85 and its 200 day moving average is $238.21.
SPDR Gold Shares Company 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).
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