Fiduciary Family Office LLC Invests $715,000 in SPDR Gold Shares (NYSEARCA:GLD)

Fiduciary Family Office LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,951 shares of the exchange traded fund’s stock, valued at approximately $715,000. SPDR Gold Shares accounts for approximately 0.2% of Fiduciary Family Office LLC’s holdings, making the stock its 23rd biggest position.

Several other large investors have also made changes to their positions in the business. Romano Brothers AND Company raised its stake in SPDR Gold Shares by 1.0% in the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 40 shares during the last quarter. Delta Financial Group Inc. raised its stake in SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after purchasing an additional 41 shares during the last quarter. Magnus Financial Group LLC raised its stake in SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after purchasing an additional 41 shares during the last quarter. Spinnaker Trust raised its stake in SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after purchasing an additional 43 shares during the last quarter. Finally, Adirondack Trust Co. raised its stake in SPDR Gold Shares by 3.3% in the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 43 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $254.43 on Thursday. The business has a fifty day moving average price of $244.59 and a 200 day moving average price of $239.07. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71.

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).