Wealthspire Advisors LLC Purchases 1,132 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Wealthspire Advisors LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 50,055 shares of the exchange traded fund’s stock after buying an additional 1,132 shares during the quarter. Wealthspire Advisors LLC’s holdings in SPDR Gold Shares were worth $12,120,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth about $28,000. Roxbury Financial LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter worth about $31,000. PayPay Securities Corp boosted its position in shares of SPDR Gold Shares by 55.3% during the 4th 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 position in shares of SPDR Gold Shares during the 3rd quarter worth about $35,000. Finally, Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth about $38,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $270.74 on Friday. The company’s 50-day moving average is $253.00 and its 200-day moving average is $245.32. SPDR Gold Shares has a 1 year low of $187.05 and a 1 year high of $271.84.

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).