Wolverine Asset Management LLC Buys 80 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Wolverine Asset Management LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,580 shares of the exchange traded fund’s stock after purchasing an additional 80 shares during the quarter. Wolverine Asset Management LLC’s holdings in SPDR Gold Shares were worth $684,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. First Personal Financial Services bought a new position in SPDR Gold Shares in the fourth quarter valued at approximately $25,000. Johnson Midwest Financial LLC boosted its stake in SPDR Gold Shares by 350.0% in the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 140 shares during the last quarter. Private Ocean LLC boosted its stake in SPDR Gold Shares by 232.7% in the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 114 shares during the last quarter. Naples Money Management LLC bought a new position in shares of SPDR Gold Shares during the fourth quarter worth $31,000. Finally, GAMMA Investing LLC bought a new position in shares of SPDR Gold Shares during the fourth quarter worth $33,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $216.61 on Friday. The company’s fifty day moving average is $204.56 and its 200-day moving average is $192.42. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month 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).