SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Sterling Investment Management LLC

Sterling Investment Management LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,580 shares of the exchange traded fund’s stock after buying an additional 3,467 shares during the period. SPDR Gold Shares makes up about 7.0% of Sterling Investment Management LLC’s holdings, making the stock its 2nd biggest holding. Sterling Investment Management LLC’s holdings in SPDR Gold Shares were worth $8,857,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in GLD. XTX Topco Ltd boosted its position in SPDR Gold Shares by 101.6% in the 2nd quarter. XTX Topco Ltd now owns 2,968 shares of the exchange traded fund’s stock valued at $638,000 after buying an additional 1,496 shares during the last quarter. 1832 Asset Management L.P. boosted its position in SPDR Gold Shares by 1.6% in the 2nd quarter. 1832 Asset Management L.P. now owns 5,115 shares of the exchange traded fund’s stock valued at $1,100,000 after buying an additional 80 shares during the last quarter. Mill Creek Capital Advisors LLC boosted its position in SPDR Gold Shares by 218.1% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 5,344 shares of the exchange traded fund’s stock valued at $1,149,000 after buying an additional 3,664 shares during the last quarter. Murchinson Ltd. purchased a new position in SPDR Gold Shares in the 2nd quarter valued at about $13,438,000. Finally, Semmax Financial Advisors Inc. boosted its position in SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $253.13 on Wednesday. The firm’s 50-day simple moving average is $243.99 and its 200-day simple moving average is $238.73. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71.

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).