Crane Advisory LLC Purchases 61 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Crane Advisory LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,231 shares of the exchange traded fund’s stock after purchasing an additional 61 shares during the quarter. SPDR Gold Shares makes up 0.1% of Crane Advisory LLC’s portfolio, making the stock its 28th largest holding. Crane Advisory LLC’s holdings in SPDR Gold Shares were worth $543,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ignite Planners LLC raised its holdings in shares of SPDR Gold Shares by 29.3% in the 4th quarter. Ignite Planners LLC now owns 1,737 shares of the exchange traded fund’s stock worth $423,000 after buying an additional 394 shares in the last quarter. David J Yvars Group bought a new stake in SPDR Gold Shares in the fourth quarter valued at $230,000. Cardinal Point Capital Management ULC raised its stake in SPDR Gold Shares by 30.5% during the fourth quarter. Cardinal Point Capital Management ULC now owns 3,298 shares of the exchange traded fund’s stock worth $799,000 after acquiring an additional 770 shares in the last quarter. Gainplan LLC bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at $214,000. Finally, Signal Advisors Wealth LLC boosted its stake in shares of SPDR Gold Shares by 100.6% in the 4th quarter. Signal Advisors Wealth LLC now owns 10,425 shares of the exchange traded fund’s stock valued at $2,524,000 after purchasing an additional 5,229 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.0 %

Shares of SPDR Gold Shares stock opened at $245.74 on Tuesday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The company has a 50-day simple moving average of $243.87 and a 200 day simple moving average of $237.59.

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).