CapWealth Advisors LLC Sells 75 Shares of SPDR Gold Shares (NYSEARCA:GLD)

CapWealth Advisors LLC decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 7.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 902 shares of the exchange traded fund’s stock after selling 75 shares during the period. CapWealth Advisors LLC’s holdings in SPDR Gold Shares were worth $218,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in GLD. abrdn plc lifted its stake in shares of SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock valued at $3,391,000 after purchasing an additional 6,768 shares during the period. Measured Wealth Private Client Group LLC lifted its stake in SPDR Gold Shares by 5.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock valued at $15,659,000 after buying an additional 3,356 shares during the period. Advance Capital Management Inc. boosted its holdings in shares of SPDR Gold Shares by 9.4% during the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $564,000. Finally, Beaird Harris Wealth Management LLC increased its stake in shares of SPDR Gold Shares by 25.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $499,000 after acquiring an additional 416 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 1.5 %

SPDR Gold Shares stock opened at $266.29 on Friday. The firm’s fifty day moving average is $250.28 and its 200 day moving average is $243.26. SPDR Gold Shares has a 12-month low of $184.84 and a 12-month high of $270.39.

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).