SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Cadence Wealth Management LLC

Cadence Wealth Management LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,240 shares of the exchange traded fund’s stock after buying an additional 131 shares during the quarter. SPDR Gold Shares accounts for about 13.7% of Cadence Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding. Cadence Wealth Management LLC’s holdings in SPDR Gold Shares were worth $17,442,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Compass Ion Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock worth $1,589,000 after acquiring an additional 54 shares during the last quarter. Capital Market Strategies LLC lifted its holdings in shares of SPDR Gold Shares by 4.6% in the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after acquiring an additional 55 shares during the last quarter. JB Capital LLC raised its holdings in SPDR Gold Shares by 2.4% in the 4th quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock valued at $455,000 after buying an additional 55 shares during the last quarter. IAG Wealth Partners LLC raised its holdings in SPDR Gold Shares by 9.5% in the 3rd quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 56 shares during the last quarter. Finally, Financial Sense Advisors Inc. raised its holdings in SPDR Gold Shares by 2.0% in the 3rd quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock valued at $496,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.3 %

NYSEARCA GLD traded up $0.70 during trading hours on Friday, reaching $216.62. The company’s stock had a trading volume of 6,268,504 shares, compared to its average volume of 11,521,039. The firm has a fifty day simple moving average of $204.56 and a 200-day simple moving average of $192.69. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09.

About SPDR Gold Shares

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).