NTV Asset Management LLC Has $663,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

NTV Asset Management LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 19.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,737 shares of the exchange traded fund’s stock after purchasing an additional 440 shares during the quarter. NTV Asset Management LLC’s holdings in SPDR Gold Shares were worth $663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares during the 3rd quarter valued at $28,000. Roxbury Financial LLC acquired a new stake in SPDR Gold Shares during the fourth quarter valued at $31,000. PayPay Securities Corp grew its stake in SPDR Gold Shares by 55.3% in the fourth 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 acquired a new position in SPDR Gold Shares in the 3rd quarter worth about $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $38,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $266.29 on Tuesday. The business has a 50 day simple moving average of $250.74 and a 200 day simple moving average of $243.84. SPDR Gold Shares has a 52 week low of $184.84 and a 52 week high of $270.39.

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).