C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lessened its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 23.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,682 shares of the exchange traded fund’s stock after selling 1,729 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in SPDR Gold Shares were worth $1,381,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Semmax Financial Advisors Inc. grew its holdings in SPDR Gold Shares by 78.7% during the 2nd 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 period. Triad Wealth Partners LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth about $25,000. Northwest Investment Counselors LLC bought a new stake in shares of SPDR Gold Shares in the 1st quarter valued at about $26,000. Private Ocean LLC raised its position in shares of SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares during the period. Finally, Chris Bulman Inc bought a new position in SPDR Gold Shares during the 2nd quarter worth approximately $29,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 0.5 %
Shares of NYSEARCA:GLD opened at $241.05 on Thursday. The company has a 50 day moving average price of $234.17 and a two-hundred day moving average price of $222.88. SPDR Gold Shares has a 52 week low of $171.90 and a 52 week high of $247.37.
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).
Recommended Stories
- Five stocks we like better than SPDR Gold Shares
- What Are Dividend Contenders? Investing in Dividend Contenders
- 3 Momentum Trades for October With Ample Upside Ahead
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Roblox Dips on Short Report—Here’s Why It Could Bounce Back Fast
- Dividend Capture Strategy: What You Need to Know
- 2 Reasons to Jump on Apple Stock Now and 1 Reason to Think Twice
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.