BankPlus Trust Department acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 570 shares of the exchange traded fund’s stock, valued at approximately $138,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares during the 3rd quarter worth about $28,000. Roxbury Financial LLC purchased a new position in SPDR Gold Shares during the fourth quarter worth about $31,000. PayPay Securities Corp lifted its position in SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares during the period. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares during the third quarter worth about $35,000. Finally, Pittenger & Anderson Inc. purchased a new position in SPDR Gold Shares during the third quarter worth about $38,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Up 0.5 %
NYSEARCA GLD opened at $272.21 on Tuesday. The business’s 50-day moving average price is $253.55 and its 200 day moving average price is $245.84. SPDR Gold Shares has a twelve month low of $187.53 and a twelve month high of $272.32.
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).
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