Dover Advisors LLC Buys 199 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Dover Advisors LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,234 shares of the exchange traded fund’s stock after purchasing an additional 199 shares during the quarter. Dover Advisors LLC’s holdings in SPDR Gold Shares were worth $541,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of GLD. abrdn plc lifted its holdings in shares of SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after buying an additional 6,768 shares during the period. Cassaday & Co Wealth Management LLC raised its holdings in shares of SPDR Gold Shares by 1.8% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock valued at $1,201,000 after acquiring an additional 90 shares in the last quarter. Measured Wealth Private Client Group LLC lifted 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 worth $15,659,000 after acquiring an additional 3,356 shares during the period. BKM Wealth Management LLC grew its holdings in SPDR Gold Shares by 5.9% during the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock worth $1,414,000 after acquiring an additional 327 shares in the last quarter. Finally, Advance Capital Management Inc. increased its position in SPDR Gold Shares by 9.4% during the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 316 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $270.74 on Monday. The firm has a 50-day simple moving average of $253.00 and a 200-day simple moving average of $245.50. SPDR Gold Shares has a one year low of $187.05 and a one year 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).