Bradley Foster & Sargent Inc. CT Raises Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Bradley Foster & Sargent Inc. CT raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 307,343 shares of the exchange traded fund’s stock after purchasing an additional 9,137 shares during the quarter. SPDR Gold Shares accounts for 1.3% of Bradley Foster & Sargent Inc. CT’s portfolio, making the stock its 21st largest position. Bradley Foster & Sargent Inc. CT owned approximately 0.10% of SPDR Gold Shares worth $74,417,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter valued at $28,000. Roxbury Financial LLC acquired a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $31,000. PayPay Securities Corp boosted its stake in shares of SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares during the third quarter worth about $35,000. Finally, Pittenger & Anderson Inc. purchased a new position in SPDR Gold Shares during the third quarter valued at approximately $38,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $270.99 on Friday. The stock’s 50 day simple moving average is $252.48 and its two-hundred day simple moving average is $244.82. SPDR Gold Shares has a 12 month low of $187.05 and a 12 month high of $271.84.

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).