Jmac Enterprises LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 56.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,327 shares of the exchange traded fund’s stock after buying an additional 1,200 shares during the period. Jmac Enterprises LLC’s holdings in SPDR Gold Shares were worth $806,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Romano Brothers AND Company boosted its stake in SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after acquiring an additional 40 shares in the last quarter. Clarus Group Inc. boosted its position in shares of SPDR Gold Shares by 2.2% during the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 40 shares in the last quarter. Magnus Financial Group LLC boosted its position in shares of SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares in the last quarter. Gradient Capital Advisors LLC grew its stake in shares of SPDR Gold Shares by 0.7% in the 4th quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock valued at $1,391,000 after buying an additional 42 shares during the period. Finally, Spinnaker Trust increased its position in SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after buying an additional 43 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Trading Down 0.4 %
Shares of NYSEARCA:GLD opened at $267.39 on Wednesday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $268.66. The business’s 50 day simple moving average is $248.80 and its two-hundred day simple moving average is $242.56.
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).
See Also
- Five stocks we like better than SPDR Gold Shares
- Stock Dividend Cuts Happen Are You Ready?
- Broadcom Stock: Why the Upside Is Too Good to Ignore
- ESG Stocks, What Investors Should Know
- Citigroup Analysts Are Betting Big on These 3 Stocks—Should You?
- What is Put Option Volume?
- Johnson Controls: 5 Reasons to Own This Engineering Giant
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.