Walker Asset Management LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 10.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,045 shares of the exchange traded fund’s stock after acquiring an additional 100 shares during the quarter. Walker Asset Management LLC’s holdings in SPDR Gold Shares were worth $253,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the company. Saxon Interests Inc. raised its holdings in SPDR Gold Shares by 9.2% during the 4th quarter. Saxon Interests Inc. now owns 1,381 shares of the exchange traded fund’s stock worth $334,000 after purchasing an additional 116 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of SPDR Gold Shares by 28.9% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 18,701 shares of the exchange traded fund’s stock worth $4,528,000 after buying an additional 4,194 shares during the period. Tompkins Financial Corp raised its stake in shares of SPDR Gold Shares by 9.1% during the fourth quarter. Tompkins Financial Corp now owns 1,091 shares of the exchange traded fund’s stock worth $264,000 after buying an additional 91 shares during the last quarter. First Pacific Financial lifted its holdings in SPDR Gold Shares by 4.6% in the fourth quarter. First Pacific Financial now owns 3,880 shares of the exchange traded fund’s stock valued at $939,000 after buying an additional 170 shares during the period. Finally, Occidental Asset Management LLC boosted its stake in SPDR Gold Shares by 17.7% in the fourth quarter. Occidental Asset Management LLC now owns 1,371 shares of the exchange traded fund’s stock valued at $332,000 after acquiring an additional 206 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Trading Down 0.5 %
Shares of SPDR Gold Shares stock opened at $249.27 on Friday. The firm has a fifty day moving average of $243.82 and a two-hundred day moving average of $237.98. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.
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).
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