SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Private Client Services LLC

Private Client Services LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,800 shares of the exchange traded fund’s stock after acquiring an additional 240 shares during the period. Private Client Services LLC’s holdings in SPDR Gold Shares were worth $1,162,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Park National Corp OH grew its position in shares of SPDR Gold Shares by 7.0% in the 4th quarter. Park National Corp OH now owns 5,972 shares of the exchange traded fund’s stock valued at $1,446,000 after buying an additional 393 shares during the last quarter. Innova Wealth Partners purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $3,894,000. Range Financial Group LLC increased its position in SPDR Gold Shares by 7.0% during the 4th quarter. Range Financial Group LLC now owns 2,233 shares of the exchange traded fund’s stock worth $541,000 after purchasing an additional 146 shares during the period. Birch Capital Management LLC acquired a new stake in SPDR Gold Shares in the fourth quarter valued at $130,000. Finally, Bath Savings Trust Co boosted its holdings in SPDR Gold Shares by 1.0% during the fourth quarter. Bath Savings Trust Co now owns 11,803 shares of the exchange traded fund’s stock worth $2,858,000 after buying an additional 120 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.4 %

SPDR Gold Shares stock traded up $0.94 during trading hours on Wednesday, hitting $245.50. The stock had a trading volume of 4,324,656 shares, compared to its average volume of 4,828,032. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The stock’s fifty day moving average is $244.48 and its two-hundred day moving average is $236.69.

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).