Howard Bailey Securities LLC Acquires 116 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Howard Bailey Securities LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,259 shares of the exchange traded fund’s stock after acquiring an additional 116 shares during the period. Howard Bailey Securities LLC’s holdings in SPDR Gold Shares were worth $305,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GLD. Three Bridge Wealth Advisors LLC grew its holdings in SPDR Gold Shares by 0.5% during the 4th quarter. Three Bridge Wealth Advisors LLC now owns 30,985 shares of the exchange traded fund’s stock valued at $7,502,000 after buying an additional 140 shares in the last quarter. Harvey Capital Management Inc. boosted its holdings in SPDR Gold Shares by 23.8% in the 4th quarter. Harvey Capital Management Inc. now owns 1,300 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 250 shares during the period. Marks Group Wealth Management Inc grew its position in shares of SPDR Gold Shares by 11.7% during the 4th quarter. Marks Group Wealth Management Inc now owns 1,404 shares of the exchange traded fund’s stock valued at $340,000 after purchasing an additional 147 shares in the last quarter. Jmac Enterprises LLC increased its holdings in shares of SPDR Gold Shares by 56.4% in the fourth quarter. Jmac Enterprises LLC now owns 3,327 shares of the exchange traded fund’s stock worth $806,000 after purchasing an additional 1,200 shares during the period. Finally, Avidian Wealth Enterprises LLC raised its position in shares of SPDR Gold Shares by 2.8% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 9,880 shares of the exchange traded fund’s stock worth $2,392,000 after buying an additional 267 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $267.67 on Thursday. The business has a 50-day simple moving average of $249.27 and a 200 day simple moving average of $242.89. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week 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).