LaFleur & Godfrey LLC Makes New $201,000 Investment in SPDR Gold Shares (NYSEARCA:GLD)

LaFleur & Godfrey LLC bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,050 shares of the exchange traded fund’s stock, valued at approximately $201,000.

Several other hedge funds have also recently modified their holdings of GLD. Toronto Dominion Bank increased its stake in shares of SPDR Gold Shares by 14.5% during the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after purchasing an additional 591,368 shares during the last quarter. First Eagle Investment Management LLC increased its stake in shares of SPDR Gold Shares by 4.2% during the 3rd quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock worth $599,794,000 after purchasing an additional 137,604 shares during the last quarter. Moneta Group Investment Advisors LLC increased its stake in shares of SPDR Gold Shares by 67,584.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock worth $515,198,000 after purchasing an additional 3,032,521 shares during the last quarter. Mackenzie Financial Corp increased its stake in shares of SPDR Gold Shares by 0.6% during the 3rd quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock worth $276,956,000 after purchasing an additional 9,005 shares during the last quarter. Finally, State Street Corp increased its stake in shares of SPDR Gold Shares by 256.0% during the 1st quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock worth $206,432,000 after purchasing an additional 821,773 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6 %

Shares of GLD stock traded up $1.30 during trading hours on Wednesday, hitting $202.94. 3,655,296 shares of the company were exchanged, compared to its average volume of 6,570,254. The firm has a fifty day simple moving average of $191.68 and a 200 day simple moving average of $186.05. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $203.92.

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).