Altfest L J & Co. Inc. Acquires 128 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Altfest L J & Co. Inc. increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,773 shares of the exchange traded fund’s stock after purchasing an additional 128 shares during the quarter. Altfest L J & Co. Inc.’s holdings in SPDR Gold Shares were worth $721,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Syon Capital LLC bought a new position in SPDR Gold Shares in the 3rd quarter valued at $6,972,000. Doliver Advisors LP raised its holdings in shares of SPDR Gold Shares by 17.3% in the third quarter. Doliver Advisors LP now owns 3,378 shares of the exchange traded fund’s stock worth $579,000 after buying an additional 498 shares during the period. Raymond James & Associates lifted its holdings in shares of SPDR Gold Shares by 0.5% during the 4th quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock valued at $161,466,000 after purchasing an additional 4,242 shares during the last quarter. Source Financial Advisors LLC grew its position in shares of SPDR Gold Shares by 1.6% during the 4th quarter. Source Financial Advisors LLC now owns 10,831 shares of the exchange traded fund’s stock valued at $2,071,000 after acquiring an additional 168 shares during the period. Finally, Willis Johnson & Associates Inc. raised its position in shares of SPDR Gold Shares by 38.7% during the 4th quarter. Willis Johnson & Associates Inc. now owns 2,111 shares of the exchange traded fund’s stock valued at $404,000 after buying an additional 589 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD traded up $2.34 during trading hours on Thursday, hitting $205.44. The company had a trading volume of 5,668,122 shares, compared to its average volume of 6,591,320. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $206.05. The business has a 50 day moving average of $191.96 and a 200-day moving average of $186.22.

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).