Fielder Capital Group LLC Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Fielder Capital Group LLC purchased a new position in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,161 shares of the exchange traded fund’s stock, valued at approximately $222,000.

Other hedge funds also recently bought and sold shares of the company. First Personal Financial Services acquired a new position in shares of SPDR Gold Shares during the 4th quarter worth about $25,000. Johnson Midwest Financial LLC lifted its stake in SPDR Gold Shares by 350.0% during the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 140 shares in the last quarter. Private Ocean LLC lifted its holdings in SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 114 shares in the last quarter. Naples Money Management LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at $31,000. Finally, GAMMA Investing LLC acquired a new position in SPDR Gold Shares during the 4th quarter worth $33,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock traded up $2.24 during trading on Monday, hitting $215.20. 6,687,877 shares of the stock were exchanged, compared to its average volume of 7,958,050. The firm’s 50-day moving average price is $207.71 and its 200 day moving average price is $194.17. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09.

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).