SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 47.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 7,578 shares of the exchange traded fund’s stock after buying an additional 2,451 shares during the period. AlphaStar Capital Management LLC’s holdings in SPDR Gold Shares were worth $1,835,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC raised its stake in SPDR Gold Shares by 5.5% during 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 period. RDA Financial Network lifted its holdings in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after acquiring an additional 88 shares during the last quarter. Advance Capital Management Inc. grew its position in SPDR Gold Shares by 9.4% in the fourth 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 during the period. GSA Capital Partners LLP acquired a new stake in SPDR Gold Shares during the third quarter worth $564,000. Finally, Beaird Harris Wealth Management LLC raised its position in SPDR Gold Shares by 25.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $499,000 after purchasing an additional 416 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

NYSEARCA GLD opened at $263.90 on Friday. The stock has a fifty day simple moving average of $248.30 and a 200-day simple moving average of $241.93. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $266.35.

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).