Ballast Inc. bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 1,250 shares of the exchange traded fund’s stock, valued at approximately $239,000.
Other institutional investors have also modified their holdings of the company. Intrepid Capital Management Inc. bought a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at about $27,000. Johnson Midwest Financial LLC boosted its holdings in shares of 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 buying an additional 140 shares in the last quarter. First Command Advisory Services Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at about $34,000. Worth Asset Management LLC bought a new stake in shares of SPDR Gold Shares in the 1st quarter valued at about $36,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of SPDR Gold Shares by 111.8% in the 1st quarter. Tower Research Capital LLC TRC now owns 216 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 114 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Stock Performance
NYSEARCA:GLD opened at $205.72 on Friday. The company’s 50-day simple moving average is $192.30 and its 200-day simple moving average is $186.34. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $206.05.
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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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
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