New Republic Capital LLC Increases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

New Republic Capital LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,701 shares of the exchange traded fund’s stock after purchasing an additional 44 shares during the quarter. New Republic Capital LLC’s holdings in SPDR Gold Shares were worth $412,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Ritholtz Wealth Management lifted its position in SPDR Gold Shares by 11.2% during the 3rd quarter. Ritholtz Wealth Management now owns 6,045 shares of the exchange traded fund’s stock worth $1,469,000 after acquiring an additional 611 shares during the period. Annex Advisory Services LLC acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $445,000. Carnegie Investment Counsel grew its position in SPDR Gold Shares by 3.1% in the 3rd quarter. Carnegie Investment Counsel now owns 7,599 shares of the exchange traded fund’s stock valued at $1,847,000 after buying an additional 230 shares during the last quarter. Armstrong Advisory Group Inc. increased its stake in SPDR Gold Shares by 12.9% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 2,686 shares of the exchange traded fund’s stock valued at $653,000 after buying an additional 307 shares during the period. Finally, Redhawk Wealth Advisors Inc. lifted its stake in shares of SPDR Gold Shares by 191.0% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 88,860 shares of the exchange traded fund’s stock worth $21,598,000 after acquiring an additional 58,326 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.7 %

Shares of SPDR Gold Shares stock opened at $268.37 on Tuesday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $268.66. The company’s 50-day simple moving average is $248.30 and its 200-day simple moving average is $242.21.

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).