M Holdings Securities Inc. boosted its holdings in SPDR Gold Trust (NYSEARCA:GLD) by 5.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,649 shares of the exchange traded fund’s stock after buying an additional 425 shares during the period. M Holdings Securities Inc.’s holdings in SPDR Gold Trust were worth $2,159,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC lifted its stake in SPDR Gold Trust by 118.9% in the third quarter. RPg Family Wealth Advisory LLC now owns 939 shares of the exchange traded fund’s stock worth $114,000 after purchasing an additional 510 shares during the last quarter. Truepoint Inc. lifted its stake in SPDR Gold Trust by 2,551.0% in the third quarter. Truepoint Inc. now owns 116,960 shares of the exchange traded fund’s stock worth $117,000 after purchasing an additional 112,548 shares during the last quarter. Field & Main Bank bought a new stake in SPDR Gold Trust in the fourth quarter worth $127,000. Mandatum Life Insurance Co Ltd bought a new stake in SPDR Gold Trust in the fourth quarter worth $133,000. Finally, First Dallas Securities Inc. bought a new position in shares of SPDR Gold Trust during the fourth quarter valued at about $133,000.
Shares of NYSEARCA:GLD opened at $126.39 on Friday. SPDR Gold Trust has a 12 month low of $114.80 and a 12 month high of $129.51.
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SPDR Gold Trust 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).
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