SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Principal Securities Inc.

Principal Securities Inc. lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,268 shares of the exchange traded fund’s stock after acquiring an additional 645 shares during the period. Principal Securities Inc.’s holdings in SPDR Gold Shares were worth $2,486,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Romano Brothers AND Company boosted its stake in shares of SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 40 shares during the period. Clarus Group Inc. grew its holdings in shares of SPDR Gold Shares by 2.2% during the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 40 shares during the last quarter. Magnus Financial Group LLC increased its position in SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the period. Gradient Capital Advisors LLC lifted its position in SPDR Gold Shares by 0.7% in the 4th quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock valued at $1,391,000 after purchasing an additional 42 shares during the last quarter. Finally, Spinnaker Trust increased its stake in shares of SPDR Gold Shares by 1.1% in the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after purchasing an additional 43 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.5 %

Shares of NYSEARCA GLD opened at $266.29 on Tuesday. SPDR Gold Shares has a 12-month low of $184.84 and a 12-month high of $270.39. The stock has a 50 day simple moving average of $250.74 and a 200-day simple moving average of $243.84.

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).