Cwm LLC Purchases 18,421 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Cwm LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 12.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 164,125 shares of the exchange traded fund’s stock after purchasing an additional 18,421 shares during the quarter. Cwm LLC owned approximately 0.06% of SPDR Gold Shares worth $31,376,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in GLD. Vicus Capital bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at $2,790,000. Riggs Asset Managment Co. Inc. boosted its position in shares of SPDR Gold Shares by 15.0% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 83,471 shares of the exchange traded fund’s stock valued at $15,957,000 after buying an additional 10,856 shares during the last quarter. Savior LLC boosted its position in shares of SPDR Gold Shares by 7,861.4% during the fourth quarter. Savior LLC now owns 3,503 shares of the exchange traded fund’s stock valued at $670,000 after buying an additional 3,459 shares during the last quarter. Criterion Capital Advisors LLC purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at $243,000. Finally, Lindbrook Capital LLC boosted its position in shares of SPDR Gold Shares by 20.6% during the fourth quarter. Lindbrook Capital LLC now owns 3,069 shares of the exchange traded fund’s stock valued at $587,000 after buying an additional 524 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.3 %

Shares of SPDR Gold Shares stock traded up $0.69 during trading on Friday, hitting $221.03. 8,688,967 shares of the company’s stock traded hands, compared to its average volume of 10,859,552. The business has a 50-day simple moving average of $201.56 and a 200-day simple moving average of $190.98. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.09.

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).