CWS Financial Advisors LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,420 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the quarter. CWS Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $586,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in GLD. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares in the third quarter worth $28,000. Roxbury Financial LLC bought a new position in SPDR Gold Shares in the fourth quarter worth $31,000. PayPay Securities Corp raised its holdings in 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 purchasing an additional 47 shares in the last quarter. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the third quarter worth $35,000. Finally, Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the third quarter worth $38,000. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Trading Up 0.5 %
GLD opened at $272.21 on Tuesday. The stock has a fifty day simple moving average of $253.55 and a two-hundred day simple moving average of $245.84. SPDR Gold Shares has a 12-month low of $187.53 and a 12-month high of $272.32.
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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