WealthBridge Capital Management LLC Buys 633 Shares of SPDR Gold Shares (NYSEARCA:GLD)

WealthBridge Capital Management LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,783 shares of the exchange traded fund’s stock after purchasing an additional 633 shares during the period. SPDR Gold Shares comprises about 1.4% of WealthBridge Capital Management LLC’s investment portfolio, making the stock its 16th largest position. WealthBridge Capital Management LLC’s holdings in SPDR Gold Shares were worth $5,032,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. abrdn plc grew its holdings in shares of SPDR Gold Shares by 93.7% in the fourth quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after purchasing an additional 6,768 shares during the last quarter. Measured Wealth Private Client Group LLC grew its holdings in shares of 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 worth $15,659,000 after purchasing an additional 3,356 shares during the last quarter. BKM Wealth Management LLC grew its holdings in SPDR Gold Shares by 5.9% during the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock worth $1,414,000 after acquiring an additional 327 shares in the last quarter. Advance Capital Management Inc. grew its holdings in 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 acquiring an additional 316 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new position in SPDR Gold Shares during the 3rd quarter worth about $564,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.1 %

Shares of SPDR Gold Shares stock opened at $270.85 on Thursday. SPDR Gold Shares has a 1 year low of $187.05 and a 1 year high of $271.33. The firm’s 50-day moving average is $252.00 and its two-hundred day moving average is $244.63.

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).