Concurrent Investment Advisors LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 79,836 shares of the exchange traded fund’s stock after selling 939 shares during the period. Concurrent Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $19,331,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Vicus Capital bought a new stake in SPDR Gold Shares in the 3rd quarter worth $271,000. Eastern Bank bought a new stake in SPDR Gold Shares in the 3rd quarter worth $806,000. Waldron Private Wealth LLC grew its holdings in SPDR Gold Shares by 10.2% in the 3rd quarter. Waldron Private Wealth LLC now owns 2,580 shares of the exchange traded fund’s stock worth $627,000 after acquiring an additional 238 shares during the last quarter. Accordant Advisory Group Inc bought a new stake in SPDR Gold Shares in the 3rd quarter worth $45,000. Finally, Tempus Wealth Planning LLC grew its holdings in SPDR Gold Shares by 2.8% in the 3rd quarter. Tempus Wealth Planning LLC now owns 2,207 shares of the exchange traded fund’s stock worth $536,000 after acquiring an additional 61 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.1 %
NYSEARCA:GLD opened at $270.85 on Thursday. The company has a 50-day moving average price of $252.00 and a 200-day moving average price of $244.63. SPDR Gold Shares has a 12 month low of $187.05 and a 12 month high of $271.33.
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).
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