Centricity Wealth Management LLC Purchases Shares of 10,476 SPDR Gold Shares (NYSEARCA:GLD)

Centricity Wealth Management LLC acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 10,476 shares of the exchange traded fund’s stock, valued at approximately $2,537,000. SPDR Gold Shares comprises approximately 2.4% of Centricity Wealth Management LLC’s holdings, making the stock its 12th biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new stake in SPDR Gold Shares in the third quarter valued at $28,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at about $31,000. PayPay Securities Corp boosted its stake in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares during the third quarter valued at about $35,000. Finally, Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the third quarter worth about $38,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.1 %

SPDR Gold Shares stock opened at $270.99 on Friday. SPDR Gold Shares has a fifty-two week low of $187.05 and a fifty-two week high of $271.84. The stock’s 50 day simple moving average is $252.48 and its two-hundred day simple moving average is $244.82.

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).