SPDR Gold Shares (NYSEARCA:GLD) Stake Lifted by Certuity LLC

Certuity LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 63.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,962 shares of the exchange traded fund’s stock after buying an additional 1,155 shares during the quarter. Certuity LLC’s holdings in SPDR Gold Shares were worth $717,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Indiana Trust & Investment Management Co raised its holdings in shares of SPDR Gold Shares by 22.2% during the fourth quarter. Indiana Trust & Investment Management Co now owns 1,378 shares of the exchange traded fund’s stock valued at $334,000 after buying an additional 250 shares during the last quarter. Fortress Financial Solutions LLC acquired a new stake in SPDR Gold Shares in the 4th quarter valued at approximately $835,000. Gradient Capital Advisors LLC raised its stake in SPDR Gold Shares by 0.7% during the 4th quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock valued at $1,391,000 after acquiring an additional 42 shares in the last quarter. Quent Capital LLC boosted its position in SPDR Gold Shares by 2.4% during the 4th quarter. Quent Capital LLC now owns 17,682 shares of the exchange traded fund’s stock worth $4,281,000 after acquiring an additional 409 shares during the period. Finally, CAP Partners LLC bought a new position in shares of SPDR Gold Shares in the fourth quarter worth $200,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $267.67 on Thursday. The firm’s 50-day simple moving average is $249.27 and its 200 day simple moving average is $242.89. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $268.66.

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).