AIFG Consultants Ltd. Sells 595 Shares of SPDR Gold Shares (NYSEARCA:GLD)

AIFG Consultants Ltd. decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,824 shares of the exchange traded fund’s stock after selling 595 shares during the quarter. AIFG Consultants Ltd.’s holdings in SPDR Gold Shares were worth $442,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. abrdn plc lifted its holdings in shares of SPDR Gold Shares by 93.7% during the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after acquiring an additional 6,768 shares during the period. Measured Wealth Private Client Group LLC boosted its holdings in SPDR Gold Shares by 5.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock valued at $15,659,000 after purchasing an additional 3,356 shares in the last quarter. RDA Financial Network grew its stake in shares of SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 88 shares during the period. Advance Capital Management Inc. raised its holdings in shares of SPDR Gold Shares by 9.4% in the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $564,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 1.7 %

Shares of GLD stock opened at $268.37 on Tuesday. The stock’s fifty day simple moving average is $248.30 and its 200 day simple moving average is $242.21. SPDR Gold Shares has a one year low of $183.78 and a one year high of $268.66.

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).