Lantz Financial LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 9.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,198 shares of the exchange traded fund’s stock after purchasing an additional 104 shares during the period. Lantz Financial LLC’s holdings in SPDR Gold Shares were worth $290,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of GLD. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at $28,000. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the third quarter valued at $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares during the third quarter valued at about $38,000. Sugarloaf Wealth Management LLC lifted its stake in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. bought a new stake in SPDR Gold Shares during the third quarter worth about $40,000. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Trading Up 0.6 %
Shares of SPDR Gold Shares stock opened at $255.65 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The business’s 50-day moving average price is $245.31 and its 200-day moving average price is $239.43.
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).
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