Towneley Capital Management Inc DE reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,221 shares of the exchange traded fund’s stock after selling 135 shares during the period. SPDR Gold Shares comprises 0.7% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 18th largest holding. Towneley Capital Management Inc DE’s holdings in SPDR Gold Shares were worth $2,959,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares during the third quarter worth about $35,000. Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares in the third quarter worth about $38,000. Keystone Financial Group Inc. acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $39,000. Finally, Maryland Capital Advisors Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
SPDR Gold Shares stock opened at $268.37 on Tuesday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $268.66. The stock’s 50 day moving average price is $248.30 and its 200 day moving average price is $242.21.
SPDR Gold Shares 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).
Read More
- Five stocks we like better than SPDR Gold Shares
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Fintech vs. Traditional Finance: Showdown of Nu, SoFi, and Chubb
- Want to Profit on the Downtrend? Downtrends, Explained.
- Onsemi Stock: Signs Point to a Powerful Rebound
- What Are Treasury Bonds?
- Monday.com Stock Could Soar to New Highs—Here’s How
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
