Creekmur Asset Management LLC Acquires Shares of 1,275 SPDR Gold Shares (NYSEARCA:GLD)

Creekmur Asset Management LLC bought a new position in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,275 shares of the exchange traded fund’s stock, valued at approximately $244,000.

Other large investors also recently modified their holdings of the company. First Personal Financial Services acquired a new position in shares of SPDR Gold Shares during the fourth quarter valued at $25,000. Frazier Financial Advisors LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $26,000. Gold Investment Management Ltd. acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $27,000. Private Ocean LLC raised its stake in shares of SPDR Gold Shares by 232.7% during the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 114 shares during the last quarter. Finally, Naples Money Management LLC acquired a new position in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD traded up $2.76 during trading on Friday, reaching $215.73. 7,076,496 shares of the company’s stock were exchanged, compared to its average volume of 5,722,442. The company’s fifty day moving average price is $216.97 and its 200-day moving average price is $200.80. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.66.

About SPDR Gold Shares

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).