Quent Capital LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,662 shares of the exchange traded fund’s stock after selling 456 shares during the period. Quent Capital LLC’s holdings in SPDR Gold Shares were worth $2,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently modified their holdings of the business. OneAscent Wealth Management LLC grew its position in shares of SPDR Gold Shares by 14.0% during the 2nd quarter. OneAscent Wealth Management LLC now owns 13,275 shares of the exchange traded fund’s stock valued at $2,367,000 after acquiring an additional 1,627 shares during the period. B.O.S.S. Retirement Advisors LLC boosted its holdings in SPDR Gold Shares by 6.2% in the 2nd quarter. B.O.S.S. Retirement Advisors LLC now owns 10,674 shares of the exchange traded fund’s stock worth $1,903,000 after buying an additional 619 shares during the period. Gunderson Capital Management Inc. boosted its holdings in SPDR Gold Shares by 47.7% in the 2nd quarter. Gunderson Capital Management Inc. now owns 2,629 shares of the exchange traded fund’s stock worth $469,000 after buying an additional 849 shares during the period. Tsfg LLC boosted its holdings in SPDR Gold Shares by 21.0% in the 2nd quarter. Tsfg LLC now owns 2,770 shares of the exchange traded fund’s stock worth $494,000 after buying an additional 480 shares during the period. Finally, AE Wealth Management LLC boosted its holdings in SPDR Gold Shares by 38.1% in the 2nd quarter. AE Wealth Management LLC now owns 351,581 shares of the exchange traded fund’s stock worth $62,677,000 after buying an additional 97,044 shares during the period. Institutional investors own 40.99% of the company’s stock.
SPDR Gold Shares Trading Up 0.7 %
SPDR Gold Shares stock traded up $1.17 during mid-day trading on Friday, hitting $178.34. The stock had a trading volume of 5,620,888 shares, compared to its average volume of 6,954,410. The firm’s 50 day moving average is $179.31 and its 200 day moving average is $180.92. SPDR Gold Shares has a one year low of $150.57 and a one year high of $191.36.
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).
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