Dahring Cusmano LLC Makes New $264,000 Investment in SPDR Gold Shares (NYSEARCA:GLD)

Dahring Cusmano LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,089 shares of the exchange traded fund’s stock, valued at approximately $264,000.

Other hedge funds have also made changes to their positions in the company. abrdn plc grew its position in shares of SPDR Gold Shares by 93.7% during the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after buying an additional 6,768 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its stake in SPDR Gold Shares by 1.8% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock valued at $1,201,000 after purchasing an additional 90 shares in the last quarter. Measured Wealth Private Client Group LLC boosted its stake in SPDR Gold Shares by 5.5% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock valued at $15,659,000 after purchasing an additional 3,356 shares in the last quarter. BKM Wealth Management LLC boosted its stake in SPDR Gold Shares by 5.9% during the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after purchasing an additional 327 shares in the last quarter. Finally, Advance Capital Management Inc. boosted its stake in SPDR Gold Shares by 9.4% during the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 316 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD opened at $270.74 on Friday. The business has a fifty day simple moving average of $253.00 and a 200-day simple moving average of $245.15. SPDR Gold Shares has a fifty-two week low of $187.05 and a fifty-two week high of $271.84.

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).