Bensler LLC Acquires 503 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Bensler LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 45.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,603 shares of the exchange traded fund’s stock after purchasing an additional 503 shares during the period. Bensler LLC’s holdings in SPDR Gold Shares were worth $388,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in GLD. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter worth $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares in the third quarter valued at $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter valued at $38,000. Sugarloaf Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter valued at $40,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.5 %

NYSEARCA:GLD opened at $254.14 on Tuesday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71. The firm’s fifty day moving average price is $245.31 and its two-hundred day moving average price is $239.72.

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).