SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Independent Advisor Alliance

Independent Advisor Alliance lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 32.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,074 shares of the exchange traded fund’s stock after acquiring an additional 23,883 shares during the period. Independent Advisor Alliance’s holdings in SPDR Gold Shares were worth $18,749,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of GLD. Daiwa Securities Group Inc. raised its stake in SPDR Gold Shares by 9.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 14,100 shares of the exchange traded fund’s stock valued at $2,417,000 after purchasing an additional 1,200 shares during the last quarter. ESG Planning acquired a new stake in SPDR Gold Shares in the third quarter valued at approximately $220,000. WealthPlan Investment Management LLC grew its position in SPDR Gold Shares by 431.5% in the third quarter. WealthPlan Investment Management LLC now owns 4,252 shares of the exchange traded fund’s stock valued at $729,000 after acquiring an additional 3,452 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $270,000. Finally, Hazlett Burt & Watson Inc. boosted its stake in shares of SPDR Gold Shares by 22.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,785 shares of the exchange traded fund’s stock valued at $306,000 after buying an additional 329 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD traded up $3.63 during trading hours on Friday, reaching $223.66. 10,481,937 shares of the company’s stock traded hands, compared to its average volume of 7,549,731. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $225.09. The business’s fifty day simple moving average is $211.91 and its two-hundred day simple moving average is $196.24.

SPDR Gold Shares Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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