Pittenger & Anderson Inc. Raises Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Pittenger & Anderson Inc. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 25.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 199 shares of the exchange traded fund’s stock after purchasing an additional 41 shares during the period. Pittenger & Anderson Inc.’s holdings in SPDR Gold Shares were worth $48,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 2.0% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 3,915 shares of the exchange traded fund’s stock valued at $952,000 after buying an additional 75 shares in the last quarter. Resonant Capital Advisors LLC bought a new stake in SPDR Gold Shares during the third quarter worth about $401,000. McClarren Financial Advisors Inc. boosted its stake in SPDR Gold Shares by 54.0% during the third quarter. McClarren Financial Advisors Inc. now owns 331 shares of the exchange traded fund’s stock worth $80,000 after acquiring an additional 116 shares in the last quarter. Penn Davis Mcfarland Inc. grew its stake in shares of SPDR Gold Shares by 228.0% in the 3rd quarter. Penn Davis Mcfarland Inc. now owns 8,243 shares of the exchange traded fund’s stock worth $2,004,000 after buying an additional 5,730 shares during the last quarter. Finally, Violich Capital Management Inc. increased its position in SPDR Gold Shares by 0.3% during the 3rd quarter. Violich Capital Management Inc. now owns 45,372 shares of the exchange traded fund’s stock valued at $11,028,000 after buying an additional 145 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.5 %

Shares of NYSEARCA:GLD opened at $266.29 on Tuesday. The stock has a fifty day simple moving average of $250.74 and a two-hundred day simple moving average of $243.84. SPDR Gold Shares has a 12-month low of $184.84 and a 12-month high of $270.39.

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).