Bell Bank Purchases New Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Bell Bank acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,681 shares of the exchange traded fund’s stock, valued at approximately $407,000.

Other institutional investors and hedge funds have also modified their holdings of the company. abrdn plc lifted its stake in SPDR Gold Shares by 93.7% during the fourth quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after purchasing an additional 6,768 shares during the period. Cassaday & Co Wealth Management LLC raised its holdings in shares of SPDR Gold Shares by 1.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock worth $1,201,000 after buying an additional 90 shares in the last quarter. Measured Wealth Private Client Group LLC lifted its position in shares of SPDR Gold Shares by 5.5% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after buying an additional 3,356 shares during the period. BKM Wealth Management LLC boosted its stake in SPDR Gold Shares by 5.9% in the 4th quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 327 shares in the last quarter. Finally, Advance Capital Management Inc. boosted its stake in SPDR Gold Shares by 9.4% in the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after buying an additional 316 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 0.1 %

SPDR Gold Shares stock opened at $270.74 on Friday. SPDR Gold Shares has a 52-week low of $187.05 and a 52-week high of $271.84. The stock has a fifty day moving average price of $253.00 and a two-hundred day moving average price of $245.15.

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).