Csenge Advisory Group Has $26.05 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Csenge Advisory Group trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 10.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 107,591 shares of the exchange traded fund’s stock after selling 12,729 shares during the period. SPDR Gold Shares comprises about 1.4% of Csenge Advisory Group’s investment portfolio, making the stock its 12th largest holding. Csenge Advisory Group’s holdings in SPDR Gold Shares were worth $26,051,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. abrdn plc grew its stake in SPDR Gold Shares by 93.7% in the fourth 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 period. Measured Wealth Private Client Group LLC grew its stake in SPDR Gold Shares by 5.5% in 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 acquiring an additional 3,356 shares during the period. Advance Capital Management Inc. boosted its position in shares of SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares during the period. 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 boosted its position 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 during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 1.5 %

GLD stock opened at $266.29 on Friday. The business has a 50-day moving average of $250.74 and a 200-day moving average of $243.57. SPDR Gold Shares has a fifty-two week low of $184.84 and a fifty-two week high of $270.39.

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).