Buck Wealth Strategies LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 59.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,809 shares of the exchange traded fund’s stock after acquiring an additional 15,511 shares during the quarter. SPDR Gold Shares comprises 2.1% of Buck Wealth Strategies LLC’s holdings, making the stock its 18th largest holding. Buck Wealth Strategies LLC’s holdings in SPDR Gold Shares were worth $10,123,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. RDA Financial Network lifted its position in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 88 shares during the last quarter. Advance Capital Management Inc. lifted its holdings in shares of SPDR Gold Shares by 9.4% in the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after acquiring an additional 316 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of SPDR Gold Shares in the 3rd quarter worth approximately $564,000. Beaird Harris Wealth Management LLC boosted its position in shares of SPDR Gold Shares by 25.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 416 shares during the period. Finally, ORG Wealth Partners LLC acquired a new stake in SPDR Gold Shares in the 3rd quarter valued at approximately $46,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
NYSEARCA:GLD opened at $264.13 on Thursday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $265.99. The stock’s fifty day moving average is $247.54 and its two-hundred day moving average is $241.49.
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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