WealthPLAN Partners LLC Acquires 1,096 Shares of SPDR Gold Shares (NYSEARCA:GLD)

WealthPLAN Partners LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 60.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,904 shares of the exchange traded fund’s stock after buying an additional 1,096 shares during the period. WealthPLAN Partners LLC’s holdings in SPDR Gold Shares were worth $703,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. abrdn plc increased its holdings 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 valued at $3,391,000 after acquiring an additional 6,768 shares during the last quarter. Measured Wealth Private Client Group LLC grew its position 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 purchasing an additional 3,356 shares in the last quarter. Advance Capital Management Inc. increased 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 worth $892,000 after purchasing an additional 316 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of SPDR Gold Shares in the third quarter worth about $564,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in 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 buying an additional 416 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

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

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).