Manchester Financial Inc. Sells 165 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Manchester Financial Inc. decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,102 shares of the exchange traded fund’s stock after selling 165 shares during the period. Manchester Financial Inc.’s holdings in SPDR Gold Shares were worth $509,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. abrdn plc raised its position in SPDR Gold Shares by 93.7% in the 4th quarter. abrdn plc now owns 13,994 shares of the exchange traded fund’s stock worth $3,391,000 after buying an additional 6,768 shares during the last quarter. Measured Wealth Private Client Group LLC grew its stake in shares of SPDR Gold Shares by 5.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 64,674 shares of the exchange traded fund’s stock worth $15,659,000 after acquiring an additional 3,356 shares during the period. Advance Capital Management Inc. raised its holdings in shares of SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 316 shares during the last quarter. GSA Capital Partners LLP bought a new position in SPDR Gold Shares during the third quarter valued at approximately $564,000. Finally, Beaird Harris Wealth Management LLC boosted its holdings in SPDR Gold Shares by 25.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 416 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0 %

NYSEARCA:GLD opened at $270.31 on Friday. The company has a 50 day simple moving average of $249.73 and a two-hundred day simple moving average of $243.07. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $270.39.

SPDR Gold Shares 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).