Harbour Capital Advisors LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,379 shares of the exchange traded fund’s stock after selling 150 shares during the period. Harbour Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $1,553,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. lifted its holdings in SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in SPDR Gold Shares in the 3rd quarter worth about $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the third quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC increased its holdings in shares of 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 buying an additional 71 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Gold Shares Stock Performance
Shares of SPDR Gold Shares stock traded down $2.83 during trading hours on Monday, reaching $245.38. The stock had a trading volume of 7,473,011 shares, compared to its average volume of 6,560,095. The firm has a 50 day simple moving average of $244.01 and a two-hundred day simple moving average of $237.37. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71.
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).
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