Capital Advisors Inc. OK boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 99.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,603 shares of the exchange traded fund’s stock after purchasing an additional 1,793 shares during the period. Capital Advisors Inc. OK’s holdings in SPDR Gold Shares were worth $872,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter worth $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares in the third quarter valued at about $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $38,000. Keystone Financial Group Inc. bought a new position in SPDR Gold Shares during the 4th quarter worth $39,000. Finally, Maryland Capital Advisors Inc. bought a new position in shares of SPDR Gold Shares in the third quarter worth $40,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Performance
Shares of NYSEARCA:GLD opened at $267.67 on Thursday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $268.66. The firm has a 50 day moving average of $249.27 and a 200-day moving average of $242.89.
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).
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