SevenBridge Financial Group LLC reduced its stake in SPDR Gold Shares (NYSEARCA:GLD – Get Rating) by 4.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,145 shares of the exchange traded fund’s stock after selling 1,060 shares during the period. SPDR Gold Shares makes up about 1.5% of SevenBridge Financial Group LLC’s holdings, making the stock its 16th largest holding. SevenBridge Financial Group LLC’s holdings in SPDR Gold Shares were worth $3,731,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently bought and sold shares of the company. Claremont Financial Group Inc. bought a new stake in SPDR Gold Shares in the fourth quarter worth $3,016,000. HWG Holdings LP purchased a new position in shares of SPDR Gold Shares during the 4th quarter valued at about $28,000. MCF Advisors LLC purchased a new position in shares of SPDR Gold Shares during the 1st quarter valued at $34,000. Rise Advisors LLC bought a new position in SPDR Gold Shares in the 4th quarter worth approximately $33,000. Finally, Gladius Capital Management LP bought a new stake in SPDR Gold Shares in the 1st quarter valued at $37,000. 40.89% of the stock is owned by institutional investors.
SPDR Gold Shares Trading Down 0.4 %
Shares of SPDR Gold Shares stock opened at $155.22 on Monday. SPDR Gold Shares has a one year low of $154.34 and a one year high of $193.30. The stock has a 50 day moving average price of $161.77 and a 200-day moving average price of $170.84.
SPDR Gold Shares 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).
- Get a free copy of the StockNews.com research report on SPDR Gold Shares (GLD)
- Upwork Shares Stumble into Bargain Territory
- Kroger’s is Your One-Stop Consumer Staples Stock
- Adobe Perfects the Art of the Faceplant for Investors
- Tax Credits are the Incentives in the Inflation Reduction Act
- 3 Banks Worth Considering For Q4
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.