Cwm LLC Increases Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Cwm LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,125 shares of the exchange traded fund’s stock after buying an additional 18,421 shares during the period. Cwm LLC’s holdings in SPDR Gold Shares were worth $31,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Vicus Capital purchased a new stake in SPDR Gold Shares during the 4th quarter worth about $2,790,000. Riggs Asset Managment Co. Inc. increased its position in shares of SPDR Gold Shares by 15.0% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 83,471 shares of the exchange traded fund’s stock worth $15,957,000 after purchasing an additional 10,856 shares in the last quarter. Savior LLC increased its position in shares of SPDR Gold Shares by 7,861.4% during the fourth quarter. Savior LLC now owns 3,503 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 3,459 shares in the last quarter. Criterion Capital Advisors LLC purchased a new stake in SPDR Gold Shares during the 4th quarter valued at approximately $243,000. Finally, Lindbrook Capital LLC raised its stake in SPDR Gold Shares by 20.6% during the 4th quarter. Lindbrook Capital LLC now owns 3,069 shares of the exchange traded fund’s stock valued at $587,000 after acquiring an additional 524 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 GLD stock traded up $0.69 during trading hours on Friday, reaching $221.03. 8,688,967 shares of the company’s stock were exchanged, compared to its average volume of 10,859,552. The company’s 50 day moving average is $201.56 and its two-hundred day moving average is $190.98. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.09.

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).