Members Advisory Group LLC Purchases Shares of 13,222 SPDR Gold Shares (NYSEARCA:GLD)

Members Advisory Group LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 13,222 shares of the exchange traded fund’s stock, valued at approximately $3,201,000. SPDR Gold Shares comprises 1.3% of Members Advisory Group LLC’s holdings, making the stock its 19th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. Stifel Financial Corp grew its position in shares of SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after acquiring an additional 100,149 shares during the period. State Street Corp grew its position in shares of SPDR Gold Shares by 6.6% in the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after acquiring an additional 47,507 shares during the period. US Bancorp DE grew its position in shares of SPDR Gold Shares by 0.5% in the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after acquiring an additional 3,614 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of SPDR Gold Shares by 4.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after acquiring an additional 30,952 shares during the period. Finally, Strategic Financial Concepts LLC grew its position in shares of SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after acquiring an additional 606,411 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD opened at $270.74 on Friday. The firm has a 50-day moving average of $253.00 and a 200-day moving average of $245.32. SPDR Gold Shares has a one year low of $187.05 and a one year high of $271.84.

About SPDR Gold Shares

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).