SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Sharp Financial Services LLC

Sharp Financial Services LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,015 shares of the exchange traded fund’s stock after acquiring an additional 383 shares during the quarter. SPDR Gold Shares makes up about 4.0% of Sharp Financial Services LLC’s holdings, making the stock its 6th largest holding. Sharp Financial Services LLC’s holdings in SPDR Gold Shares were worth $5,330,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. 1832 Asset Management L.P. grew its position in shares of SPDR Gold Shares by 1.6% in the second quarter. 1832 Asset Management L.P. now owns 5,115 shares of the exchange traded fund’s stock valued at $1,100,000 after purchasing an additional 80 shares in the last quarter. Semmax Financial Advisors Inc. grew its position in shares of SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares in the last quarter. Insigneo Advisory Services LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $12,665,000. Prairie Wealth Advisors Inc. grew its position in shares of SPDR Gold Shares by 0.5% in the second quarter. Prairie Wealth Advisors Inc. now owns 38,805 shares of the exchange traded fund’s stock valued at $8,344,000 after purchasing an additional 179 shares in the last quarter. Finally, AlTi Global Inc. grew its position in shares of SPDR Gold Shares by 145.0% in the second quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock valued at $72,212,000 after purchasing an additional 198,823 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $254.43 on Thursday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The business has a 50 day simple moving average of $244.25 and a 200-day simple moving average of $238.96.

SPDR Gold Shares Company 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).