SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by RAM Investment Partners LLC

RAM Investment Partners LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 35.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,356 shares of the exchange traded fund’s stock after purchasing an additional 356 shares during the period. RAM Investment Partners LLC’s holdings in SPDR Gold Shares were worth $328,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of GLD. Valeo Financial Advisors LLC grew its position in shares of SPDR Gold Shares by 51.1% in the third quarter. Valeo Financial Advisors LLC now owns 6,955 shares of the exchange traded fund’s stock valued at $1,691,000 after purchasing an additional 2,351 shares during the period. Ritholtz Wealth Management raised its stake in shares of SPDR Gold Shares by 11.2% during the third quarter. Ritholtz Wealth Management now owns 6,045 shares of the exchange traded fund’s stock valued at $1,469,000 after purchasing an additional 611 shares in the last quarter. Kings Path Partners LLC grew its stake in shares of SPDR Gold Shares by 25.0% in the 3rd quarter. Kings Path Partners LLC now owns 5,000 shares of the exchange traded fund’s stock worth $1,215,000 after purchasing an additional 1,000 shares during the last quarter. Annex Advisory Services LLC purchased a new position in shares of SPDR Gold Shares in the third quarter worth approximately $445,000. Finally, Compton Wealth Advisory Group LLC grew its stake in SPDR Gold Shares by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after acquiring an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $263.90 on Monday. The business has a 50 day moving average price of $248.30 and a 200 day moving average price of $242.07. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $266.35.

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).