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Several investment firms boosted their gold holdings through SPDR Gold Shares amid growing interest in the metal.
Several investment firms increased their stakes in SPDR Gold Shares (GLD) during the fourth quarter, including O'Rourke & Company, TME Financial, Savvy Advisors, and BTG Pactual.
These purchases highlight growing interest in gold as an investment, with SPDR Gold Shares aiming to reflect the price of gold bullion.
The ETF has a market cap of $89.56 billion, with a 50-day moving average of $274.59.
Meanwhile, VPR Management LLC reduced its holdings in a similar gold ETF, iShares Gold Trust (IAU), selling 10,000 shares but still holding the largest position in its portfolio.
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Varias empresas de inversión impulsaron sus tenencias de oro a través de acciones de oro SPDR en medio del creciente interés en el metal.