SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by D.B. Root & Company LLC

D.B. Root & Company LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,208 shares of the exchange traded fund’s stock after acquiring an additional 428 shares during the quarter. SPDR Gold Shares comprises approximately 0.7% of D.B. Root & Company LLC’s portfolio, making the stock its 29th largest holding. D.B. Root & Company LLC’s holdings in SPDR Gold Shares were worth $2,230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. RDA Financial Network raised its holdings in shares of SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 88 shares during the last quarter. Advance Capital Management Inc. lifted its position in SPDR Gold Shares by 9.4% during the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after acquiring an additional 316 shares during the period. Centaurus Financial Inc. grew its stake in shares of SPDR Gold Shares by 10.1% in the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock valued at $8,514,000 after purchasing an additional 3,630 shares during the last quarter. Inspirion Wealth Advisors LLC increased its holdings in shares of SPDR Gold Shares by 0.8% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after purchasing an additional 50 shares during the period. Finally, GSA Capital Partners LLP purchased a new stake in shares of SPDR Gold Shares during the third quarter worth approximately $564,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.5 %

NYSEARCA:GLD opened at $254.43 on Thursday. The firm’s fifty day moving average price is $244.59 and its 200 day moving average price is $239.07. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71.

SPDR Gold Shares 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).