Prairie Wealth Advisors Inc. cut its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 0.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 39,169 shares of the exchange traded fund’s stock after selling 255 shares during the quarter. SPDR Gold Shares comprises 4.6% of Prairie Wealth Advisors Inc.’s holdings, making the stock its 3rd largest holding. Prairie Wealth Advisors Inc.’s holdings in SPDR Gold Shares were worth $9,484,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares during the 3rd quarter valued at about $28,000. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares during the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth approximately $38,000. Keystone Financial Group Inc. bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth approximately $39,000. Finally, Maryland Capital Advisors Inc. bought a new position in SPDR Gold Shares during the 3rd quarter valued at approximately $40,000. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Price Performance
SPDR Gold Shares stock opened at $263.43 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $265.99. The business’s fifty day simple moving average is $247.54 and its two-hundred day simple moving average is $241.49.
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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