Lake Street Private Wealth LLC Has $266,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Lake Street Private Wealth LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 120.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,097 shares of the exchange traded fund’s stock after purchasing an additional 599 shares during the quarter. Lake Street Private Wealth LLC’s holdings in SPDR Gold Shares were worth $266,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. XTX Topco Ltd boosted its holdings in SPDR Gold Shares by 101.6% in the 2nd quarter. XTX Topco Ltd now owns 2,968 shares of the exchange traded fund’s stock valued at $638,000 after purchasing an additional 1,496 shares during the period. Brighton Jones LLC grew its position in SPDR Gold Shares by 2.1% during the second quarter. Brighton Jones LLC now owns 11,252 shares of the exchange traded fund’s stock worth $2,419,000 after buying an additional 234 shares in the last quarter. Garden State Investment Advisory Services LLC increased its stake in SPDR Gold Shares by 3.4% during the 2nd quarter. Garden State Investment Advisory Services LLC now owns 4,516 shares of the exchange traded fund’s stock worth $971,000 after acquiring an additional 149 shares during the period. TPG Advisors LLC acquired a new position in SPDR Gold Shares in the 2nd quarter valued at $335,000. Finally, Bulltick Wealth Management LLC bought a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at $260,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $249.27 on Friday. The stock’s fifty day moving average is $243.85 and its 200 day moving average is $238.21. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).