Ameliora Wealth Management Ltd. raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 917 shares of the exchange traded fund’s stock after buying an additional 46 shares during the period. Ameliora Wealth Management Ltd.’s holdings in SPDR Gold Shares were worth $222,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the third quarter worth $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at about $38,000. Maryland Capital Advisors Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter worth approximately $40,000. Finally, Accordant Advisory Group Inc bought a new stake in SPDR Gold Shares during the 3rd quarter worth about $45,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 0.3 %
NYSEARCA GLD opened at $263.43 on Friday. The firm’s fifty day moving average price is $247.54 and its two-hundred day moving average price is $241.49. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $265.99.
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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