E&G Advisors LP Acquires 1,815 Shares of SPDR Gold Shares (NYSEARCA:GLD)

E&G Advisors LP increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 7.9% in the 4th quarter, Holdings Channel reports. The fund owned 24,775 shares of the exchange traded fund’s stock after buying an additional 1,815 shares during the quarter. SPDR Gold Shares accounts for about 1.6% of E&G Advisors LP’s investment portfolio, making the stock its 11th biggest position. E&G Advisors LP’s holdings in SPDR Gold Shares were worth $5,996,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of GLD. GoalFusion Wealth Management LLC boosted its stake in SPDR Gold Shares by 3.6% in the 3rd quarter. GoalFusion Wealth Management LLC now owns 15,007 shares of the exchange traded fund’s stock worth $3,648,000 after purchasing an additional 519 shares in the last quarter. WealthBridge Capital Management LLC lifted its stake in shares of SPDR Gold Shares by 3.4% in the third quarter. WealthBridge Capital Management LLC now owns 20,150 shares of the exchange traded fund’s stock worth $4,898,000 after buying an additional 660 shares in the last quarter. Davis Investment Partners LLC grew its holdings in shares of SPDR Gold Shares by 28.3% during the third quarter. Davis Investment Partners LLC now owns 1,209 shares of the exchange traded fund’s stock valued at $297,000 after buying an additional 267 shares during the last quarter. Diversified Trust Co grew its holdings in shares of SPDR Gold Shares by 31.1% during the third quarter. Diversified Trust Co now owns 3,854 shares of the exchange traded fund’s stock valued at $937,000 after buying an additional 915 shares during the last quarter. Finally, Smith Anglin Financial LLC raised its holdings in SPDR Gold Shares by 60.5% in the 3rd quarter. Smith Anglin Financial LLC now owns 13,273 shares of the exchange traded fund’s stock worth $3,226,000 after acquiring an additional 5,001 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.5 %

GLD stock opened at $259.94 on Tuesday. The stock’s 50 day simple moving average is $246.38 and its 200 day simple moving average is $240.80. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $261.39.

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).