Certified Advisory Corp lowered its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 9,300 shares of the exchange traded fund’s stock after selling 95 shares during the quarter. Certified Advisory Corp’s holdings in SPDR Gold Shares were worth $2,000,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Delos Wealth Advisors LLC increased its stake in SPDR Gold Shares by 9.5% in the second quarter. Delos Wealth Advisors LLC now owns 16,280 shares of the exchange traded fund’s stock valued at $3,500,000 after purchasing an additional 1,416 shares in the last quarter. Edge Capital Group LLC grew its stake in shares of SPDR Gold Shares by 1.7% in the 2nd quarter. Edge Capital Group LLC now owns 24,762 shares of the exchange traded fund’s stock valued at $5,324,000 after buying an additional 421 shares during the period. EverSource Wealth Advisors LLC increased its position in SPDR Gold Shares by 16.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,735 shares of the exchange traded fund’s stock valued at $1,979,000 after buying an additional 1,240 shares in the last quarter. Destiny Capital Corp CO increased its holdings in shares of SPDR Gold Shares by 2.3% during the second quarter. Destiny Capital Corp CO now owns 3,312 shares of the exchange traded fund’s stock valued at $712,000 after acquiring an additional 75 shares in the last quarter. Finally, Fidelis Capital Partners LLC increased its stake in SPDR Gold Shares by 14.3% during the 2nd quarter. Fidelis Capital Partners LLC now owns 37,006 shares of the exchange traded fund’s stock valued at $8,162,000 after purchasing an additional 4,632 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
Shares of SPDR Gold Shares stock opened at $242.21 on Monday. The business has a 50 day moving average price of $228.91 and a 200-day moving average price of $219.15. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $242.63.
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).
Read More
- Five stocks we like better than SPDR Gold Shares
- What Makes a Stock a Good Dividend Stock?
- Onsemi Could Be Set Up For a Solid Rebound: Here’s Why
- Stock Dividend Cuts Happen Are You Ready?
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- Profitably Trade Stocks at 52-Week Highs
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
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.