Burford Brothers Inc. grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 12.8% in the 4th quarter, Holdings Channel reports. The firm owned 1,099 shares of the exchange traded fund’s stock after acquiring an additional 125 shares during the quarter. Burford Brothers Inc.’s holdings in SPDR Gold Shares were worth $266,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares in the 3rd quarter worth about $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares during the third quarter worth approximately $35,000. Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the 3rd quarter worth approximately $38,000. Sugarloaf Wealth Management LLC increased its position in SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 71 shares during the period. Finally, Maryland Capital Advisors Inc. bought a new stake in SPDR Gold Shares during the 3rd quarter valued at $40,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Up 0.2 %
GLD stock opened at $258.56 on Monday. The company has a 50-day simple moving average of $246.38 and a 200 day simple moving average of $240.71. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $259.99.
About SPDR Gold Shares
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).
Featured Articles
- Five stocks we like better than SPDR Gold Shares
- Financial Services Stocks Investing
- 3 Stocks to Gain From Trump’s Return-to-Office Mandate
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Crane Stock Soars, But the Best Could Be Yet to Come: Here’s Why
- 3 Small Caps With Big Return Potential
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
