SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Hengehold Capital Management LLC

Hengehold Capital Management LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 3.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,340 shares of the exchange traded fund’s stock after purchasing an additional 50 shares during the quarter. Hengehold Capital Management LLC’s holdings in SPDR Gold Shares were worth $276,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in GLD. SMI Advisory Services LLC acquired a new position in shares of SPDR Gold Shares during the third quarter valued at approximately $479,000. First Dallas Securities Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $309,000. Waverly Advisors LLC increased its holdings in shares of SPDR Gold Shares by 9.0% in the third quarter. Waverly Advisors LLC now owns 1,799 shares of the exchange traded fund’s stock valued at $309,000 after purchasing an additional 148 shares during the last quarter. NCM Capital Management LLC increased its holdings in shares of SPDR Gold Shares by 25.0% in the third quarter. NCM Capital Management LLC now owns 2,050 shares of the exchange traded fund’s stock valued at $351,000 after purchasing an additional 410 shares during the last quarter. Finally, Fairhaven Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 18.3% in the third quarter. Fairhaven Wealth Management LLC now owns 1,771 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 274 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD traded up $2.41 during midday trading on Thursday, hitting $214.99. The company had a trading volume of 4,691,157 shares, compared to its average volume of 7,372,182. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $225.66. The business’s 50-day simple moving average is $216.43 and its 200-day simple moving average is $202.38.

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).