Bfsg LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 39.9% in the 4th quarter, Holdings Channel reports. The firm owned 42,184 shares of the exchange traded fund’s stock after buying an additional 12,040 shares during the quarter. SPDR Gold Shares accounts for approximately 1.2% of Bfsg LLC’s portfolio, making the stock its 15th biggest position. Bfsg LLC’s holdings in SPDR Gold Shares were worth $10,214,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the business. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at about $28,000. Roxbury Financial LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $31,000. PayPay Securities Corp grew its stake in SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in SPDR Gold Shares during the 3rd quarter valued at $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter worth $38,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
Shares of SPDR Gold Shares stock opened at $266.29 on Tuesday. SPDR Gold Shares has a 12 month low of $184.84 and a 12 month high of $270.39. The stock’s fifty day moving average price is $250.74 and its 200-day moving average price is $243.84.
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).
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