SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Range Financial Group LLC

Range Financial Group LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 7.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,233 shares of the exchange traded fund’s stock after purchasing an additional 146 shares during the quarter. Range Financial Group LLC’s holdings in SPDR Gold Shares were worth $541,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its holdings in SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after acquiring an additional 3,010,682 shares during the last quarter. Arizona PSPRS Trust acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at about $157,187,000. Strategic Financial Concepts LLC grew its holdings in shares of SPDR Gold Shares by 9,654.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after purchasing an additional 544,807 shares during the period. Cerity Partners OCIO LLC acquired a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $78,434,000. Finally, AlTi Global Inc. lifted its position in SPDR Gold Shares by 145.0% during the second quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock valued at $72,212,000 after buying an additional 198,823 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock traded up $1.37 during trading hours on Tuesday, hitting $244.56. The company’s stock had a trading volume of 5,087,001 shares, compared to its average volume of 4,964,413. The business has a fifty day moving average of $244.72 and a 200 day moving average of $236.48. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71.

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).