SPDR Gold Shares (NYSEARCA:GLD) Stock Position Boosted by Canton Hathaway LLC

Canton Hathaway LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,332 shares of the exchange traded fund’s stock after buying an additional 1,631 shares during the period. SPDR Gold Shares makes up approximately 2.4% of Canton Hathaway LLC’s portfolio, making the stock its 4th largest position. Canton Hathaway LLC’s holdings in SPDR Gold Shares were worth $9,524,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Modera Wealth Management LLC increased its holdings in SPDR Gold Shares by 8.3% in the 3rd quarter. Modera Wealth Management LLC now owns 15,470 shares of the exchange traded fund’s stock valued at $3,760,000 after purchasing an additional 1,190 shares during the last quarter. Kercheville Advisors LLC boosted its position in SPDR Gold Shares by 6.6% in the 3rd quarter. Kercheville Advisors LLC now owns 6,479 shares of the exchange traded fund’s stock valued at $1,575,000 after buying an additional 400 shares during the period. Hibernia Wealth Partners LLC raised its stake in shares of SPDR Gold Shares by 5.2% in the third quarter. Hibernia Wealth Partners LLC now owns 25,584 shares of the exchange traded fund’s stock valued at $6,218,000 after acquiring an additional 1,262 shares in the last quarter. Inscription Capital LLC grew its position in shares of SPDR Gold Shares by 19.6% during the third quarter. Inscription Capital LLC now owns 11,304 shares of the exchange traded fund’s stock worth $2,748,000 after buying an additional 1,851 shares in the last quarter. Finally, Welch Group LLC grew its holdings in SPDR Gold Shares by 12.4% during the 3rd quarter. Welch Group LLC now owns 7,659 shares of the exchange traded fund’s stock worth $1,862,000 after acquiring an additional 847 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.5 %

Shares of GLD stock opened at $272.21 on Tuesday. The firm has a fifty day moving average price of $253.55 and a 200 day moving average price of $245.84. SPDR Gold Shares has a 12 month low of $187.53 and a 12 month high of $272.32.

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).