Infrastructure Capital Advisors LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,000 shares of the exchange traded fund’s stock, valued at approximately $366,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Tucker Asset Management LLC acquired a new stake in SPDR Gold Shares during the first quarter worth approximately $25,000. Mendota Financial Group LLC acquired a new position in SPDR Gold Shares in the first quarter valued at $27,000. Freedom Wealth Alliance LLC purchased a new position in SPDR Gold Shares during the fourth quarter worth about $28,000. Cary Street Partners Asset Management LLC acquired a new stake in SPDR Gold Shares in the 4th quarter worth about $34,000. Finally, First Command Financial Services Inc. purchased a new stake in SPDR Gold Shares in the 1st quarter valued at about $36,000. Hedge funds and other institutional investors own 40.99% of the company’s stock.
SPDR Gold Shares Stock Up 0.0 %
NYSEARCA GLD opened at $178.07 on Friday. The company has a 50-day moving average of $179.35 and a 200-day moving average of $180.69. SPDR Gold Shares has a 12 month low of $150.57 and a 12 month high of $191.36.
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).
Read More
- Five stocks we like better than SPDR Gold Shares
- Consumer Discretionary Stocks Explained
- The Best 5 Small Cap AI Companies to Buy Now
- What is the Shanghai Stock Exchange Composite Index?
- Miso Robotics Stock: Is an IPO Coming Soon?
- 10 Best Airline Stocks to Buy
- 3 Stocks to Play the Easing Food Supply Chain
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.
