Hudson Capital Management LLC Decreases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Hudson Capital Management LLC reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,529 shares of the exchange traded fund’s stock after selling 469 shares during the period. Hudson Capital Management LLC’s holdings in SPDR Gold Shares were worth $1,339,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of GLD. 1832 Asset Management L.P. raised its stake in SPDR Gold Shares by 1.6% during the 2nd quarter. 1832 Asset Management L.P. now owns 5,115 shares of the exchange traded fund’s stock worth $1,100,000 after acquiring an additional 80 shares in the last quarter. Semmax Financial Advisors Inc. raised its stake in SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares in the last quarter. Insigneo Advisory Services LLC acquired a new stake in SPDR Gold Shares during the 2nd quarter worth $12,665,000. Prairie Wealth Advisors Inc. raised its stake in SPDR Gold Shares by 0.5% during the 2nd quarter. Prairie Wealth Advisors Inc. now owns 38,805 shares of the exchange traded fund’s stock worth $8,344,000 after acquiring an additional 179 shares in the last quarter. Finally, AlTi Global Inc. raised its stake in SPDR Gold Shares by 145.0% during the 2nd quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock worth $72,212,000 after acquiring an additional 198,823 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.5 %

Shares of NYSEARCA:GLD opened at $254.43 on Thursday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The company’s fifty day moving average price is $244.25 and its 200 day moving average price is $238.96.

SPDR Gold Shares 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).