GoalFusion Wealth Management LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,313 shares of the exchange traded fund’s stock after acquiring an additional 306 shares during the quarter. SPDR Gold Shares comprises 2.0% of GoalFusion Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding. GoalFusion Wealth Management LLC’s holdings in SPDR Gold Shares were worth $3,708,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of GLD. CGN Advisors LLC bought a new stake in SPDR Gold Shares in the fourth quarter valued at $264,000. Sanibel Captiva Trust Company Inc. boosted its position in shares of SPDR Gold Shares by 10.0% during the fourth quarter. Sanibel Captiva Trust Company Inc. now owns 5,037 shares of the exchange traded fund’s stock valued at $1,220,000 after buying an additional 456 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in SPDR Gold Shares by 12.1% during the fourth quarter. Arkadios Wealth Advisors now owns 39,540 shares of the exchange traded fund’s stock worth $9,574,000 after buying an additional 4,275 shares in the last quarter. Lake Street Private Wealth LLC raised its position in SPDR Gold Shares by 120.3% in the 4th quarter. Lake Street Private Wealth LLC now owns 1,097 shares of the exchange traded fund’s stock valued at $266,000 after buying an additional 599 shares during the last quarter. Finally, Whitener Capital Management Inc. bought a new position in SPDR Gold Shares during the 4th quarter valued at $260,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Trading Down 0.5 %
NYSEARCA GLD opened at $249.27 on Friday. The company has a fifty day moving average price of $243.82 and a 200-day moving average price of $237.98. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71.
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).
Featured Articles
- Five stocks we like better than SPDR Gold Shares
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- What is an Earnings Surprise?
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.