Austin Private Wealth LLC Buys 188 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Austin Private Wealth LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,962 shares of the exchange traded fund’s stock after purchasing an additional 188 shares during the period. Austin Private Wealth LLC’s holdings in SPDR Gold Shares were worth $717,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. West Bancorporation Inc. bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $226,000. Saxony Capital Management LLC boosted its holdings in SPDR Gold Shares by 2.8% in the fourth quarter. Saxony Capital Management LLC now owns 3,284 shares of the exchange traded fund’s stock worth $795,000 after purchasing an additional 90 shares during the last quarter. Hamilton Point Investment Advisors LLC boosted its holdings in SPDR Gold Shares by 8.7% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 2,129 shares of the exchange traded fund’s stock worth $515,000 after purchasing an additional 170 shares during the last quarter. Keudell Morrison Wealth Management boosted its holdings in SPDR Gold Shares by 2.6% in the fourth quarter. Keudell Morrison Wealth Management now owns 2,278 shares of the exchange traded fund’s stock worth $552,000 after purchasing an additional 58 shares during the last quarter. Finally, Institute for Wealth Management LLC. boosted its holdings in SPDR Gold Shares by 3.0% in the fourth quarter. Institute for Wealth Management LLC. now owns 1,911 shares of the exchange traded fund’s stock worth $463,000 after purchasing an additional 56 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $258.56 on Friday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $259.99. The business has a 50-day simple moving average of $246.21 and a two-hundred day simple moving average of $240.38.

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).