177 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by GAMMA Investing LLC

GAMMA Investing LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 177 shares of the exchange traded fund’s stock, valued at approximately $33,000.

A number of other hedge funds have also bought and sold shares of the business. Chevy Chase Trust Holdings LLC increased its holdings in SPDR Gold Shares by 34.4% in the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 3,143 shares of the exchange traded fund’s stock valued at $539,000 after buying an additional 805 shares during the period. Chicago Capital LLC increased its holdings in SPDR Gold Shares by 9.5% in the 3rd quarter. Chicago Capital LLC now owns 1,596 shares of the exchange traded fund’s stock valued at $274,000 after buying an additional 138 shares during the period. JB Capital LLC increased its holdings in SPDR Gold Shares by 88.8% in the 3rd quarter. JB Capital LLC now owns 2,324 shares of the exchange traded fund’s stock valued at $398,000 after buying an additional 1,093 shares during the period. WealthShield Partners LLC boosted its stake in shares of SPDR Gold Shares by 3.2% in the 3rd quarter. WealthShield Partners LLC now owns 5,794 shares of the exchange traded fund’s stock valued at $993,000 after purchasing an additional 181 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its stake in shares of SPDR Gold Shares by 13.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 5,680 shares of the exchange traded fund’s stock valued at $974,000 after purchasing an additional 682 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

GLD opened at $212.96 on Monday. The company’s 50 day moving average is $207.17 and its 200-day moving average is $193.95. 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).