Fermata Advisors LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,666 shares of the exchange traded fund’s stock after purchasing an additional 378 shares during the period. Fermata Advisors LLC’s holdings in SPDR Gold Shares were worth $2,583,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of GLD. Semmax Financial Advisors Inc. raised its holdings 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 worth $25,000 after acquiring an additional 48 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth about $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares during the third quarter worth approximately $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at about $38,000. Finally, Sugarloaf Wealth Management LLC increased its stake in SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
Shares of SPDR Gold Shares stock opened at $250.60 on Friday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The firm’s 50-day simple moving average is $243.81 and its 200-day simple moving average is $237.89.
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).
See Also
- Five stocks we like better than SPDR Gold Shares
- Trading Halts Explained
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- What is the NASDAQ Stock Exchange?
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
- How to Invest in Biotech Stocks
- Micron Technology: Riding the AI Wave to Long-Term Growth
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.