Cabot Wealth Management Inc. Sells 202 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Cabot Wealth Management Inc. reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 17,797 shares of the exchange traded fund’s stock after selling 202 shares during the period. Cabot Wealth Management Inc.’s holdings in SPDR Gold Shares were worth $4,309,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of GLD. Busey Bank raised its position in shares of SPDR Gold Shares by 8.7% in the 3rd quarter. Busey Bank now owns 3,872 shares of the exchange traded fund’s stock worth $941,000 after acquiring an additional 311 shares in the last quarter. Blackston Financial Advisory Group LLC bought a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $212,000. Lake Street Advisors Group LLC raised its stake in shares of SPDR Gold Shares by 29.3% in the third quarter. Lake Street Advisors Group LLC now owns 5,119 shares of the exchange traded fund’s stock worth $1,244,000 after purchasing an additional 1,159 shares during the last quarter. Joel Isaacson & Co. LLC boosted its holdings in shares of SPDR Gold Shares by 12.4% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 18,362 shares of the exchange traded fund’s stock valued at $4,463,000 after acquiring an additional 2,025 shares during the last quarter. Finally, Mayfair Advisory Group LLC grew its position in SPDR Gold Shares by 9.8% in the 3rd quarter. Mayfair Advisory Group LLC now owns 1,890 shares of the exchange traded fund’s stock worth $463,000 after purchasing an additional 168 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $270.74 on Friday. SPDR Gold Shares has a one year low of $187.05 and a one year high of $271.84. The business has a fifty day moving average price of $253.00 and a 200-day moving average price of $245.32.

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).