Foguth Wealth Management LLC. Acquires 599 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Foguth Wealth Management LLC. raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 16.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,189 shares of the exchange traded fund’s stock after acquiring an additional 599 shares during the quarter. Foguth Wealth Management LLC.’s holdings in SPDR Gold Shares were worth $1,071,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of GLD. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the 3rd quarter worth about $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares during the third quarter worth about $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter worth approximately $38,000. Sugarloaf Wealth Management LLC lifted its stake in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the period. Finally, Maryland Capital Advisors Inc. bought a new stake in SPDR Gold Shares in the third quarter valued at approximately $40,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $262.50 on Wednesday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $262.54. The firm has a 50 day moving average price of $247.12 and a two-hundred day moving average price of $241.33.

SPDR Gold Shares Company 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).