SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by D.B. Root & Company LLC

D.B. Root & Company LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,208 shares of the exchange traded fund’s stock after acquiring an additional 428 shares during the period. SPDR Gold Shares comprises about 0.7% of D.B. Root & Company LLC’s portfolio, making the stock its 29th biggest position. D.B. Root & Company LLC’s holdings in SPDR Gold Shares were worth $2,230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. 1832 Asset Management L.P. boosted its position in shares of SPDR Gold Shares by 1.6% in 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 buying an additional 80 shares in the last quarter. Semmax Financial Advisors Inc. raised its position in SPDR Gold Shares by 78.7% during the second 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 during the last quarter. Insigneo Advisory Services LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at about $12,665,000. Prairie Wealth Advisors Inc. grew its position in shares of SPDR Gold Shares by 0.5% in the second quarter. Prairie Wealth Advisors Inc. now owns 38,805 shares of the exchange traded fund’s stock valued at $8,344,000 after purchasing an additional 179 shares during the last quarter. Finally, AlTi Global Inc. increased its stake in shares of 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 purchasing an additional 198,823 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.5 %

GLD stock opened at $254.43 on Thursday. The stock’s 50 day moving average price is $244.59 and its 200 day moving average price is $239.07. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71.

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).