SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Brandywine Oak Private Wealth LLC

Brandywine Oak Private Wealth LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,331 shares of the exchange traded fund’s stock after acquiring an additional 100 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in SPDR Gold Shares were worth $1,019,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. First Personal Financial Services purchased a new position in SPDR Gold Shares in the 4th quarter valued at about $25,000. Private Ocean LLC lifted its holdings in SPDR Gold Shares by 232.7% in the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. Naples Money Management LLC purchased a new position in SPDR Gold Shares in the 4th quarter valued at about $31,000. GAMMA Investing LLC purchased a new position in SPDR Gold Shares in the 4th quarter valued at about $33,000. Finally, Johnson Midwest Financial LLC lifted its holdings in SPDR Gold Shares by 350.0% in the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 140 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

NYSEARCA:GLD traded up $1.37 on Wednesday, reaching $213.24. The stock had a trading volume of 2,452,610 shares, compared to its average volume of 7,886,686. The firm’s fifty day moving average is $205.64 and its two-hundred day moving average is $193.22. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09.

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).