LVM Capital Management Ltd. MI Boosts Stake in SPDR Gold Shares (NYSEARCA:GLD)

LVM Capital Management Ltd. MI increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,325 shares of the exchange traded fund’s stock after purchasing an additional 200 shares during the quarter. LVM Capital Management Ltd. MI’s holdings in SPDR Gold Shares were worth $1,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of GLD. Semmax Financial Advisors Inc. grew its holdings in shares of SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares during the period. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares in the third quarter worth about $28,000. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $38,000. Finally, Sugarloaf Wealth Management LLC lifted its stake in shares of SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD traded up $2.22 during trading hours on Friday, hitting $248.08. 9,277,613 shares of the company’s stock traded hands, compared to its average volume of 5,787,242. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The business’s fifty day moving average price is $244.10 and its two-hundred day moving average price is $236.81.

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).