FourThought Financial LLC Buys 735 Shares of SPDR Gold Shares (NYSEARCA:GLD)

FourThought Financial LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLDGet Rating) by 39.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,621 shares of the exchange traded fund’s stock after buying an additional 735 shares during the period. FourThought Financial LLC’s holdings in SPDR Gold Shares were worth $405,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC raised its stake in SPDR Gold Shares by 73.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 165 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 70 shares in the last quarter. Old North State Trust LLC bought a new position in shares of SPDR Gold Shares during the third quarter valued at approximately $26,000. Norwood Financial Corp increased its stake in shares of SPDR Gold Shares by 183.3% during the third quarter. Norwood Financial Corp now owns 170 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 110 shares in the last quarter. HBC Financial Services PLLC increased its stake in shares of SPDR Gold Shares by 600.0% during the third quarter. HBC Financial Services PLLC now owns 175 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 150 shares in the last quarter. Finally, Worth Asset Management LLC bought a new position in shares of SPDR Gold Shares during the first quarter valued at approximately $36,000. 37.94% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.2 %

Shares of NYSEARCA GLD opened at $178.57 on Friday. SPDR Gold Shares has a fifty-two week low of $150.57 and a fifty-two week high of $186.10. The company has a 50 day simple moving average of $174.58 and a two-hundred day simple moving average of $165.39.

SPDR Gold Shares Profile

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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

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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