Aspiriant LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 33.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,026 shares of the exchange traded fund’s stock after buying an additional 1,005 shares during the quarter. Aspiriant LLC’s holdings in SPDR Gold Shares were worth $975,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in GLD. ARS Investment Partners LLC raised its holdings in SPDR Gold Shares by 10.6% during the fourth quarter. ARS Investment Partners LLC now owns 5,234 shares of the exchange traded fund’s stock worth $1,267,000 after purchasing an additional 500 shares during the last quarter. Sugar Maple Asset Management LLC raised its holdings in SPDR Gold Shares by 4.1% during the fourth quarter. Sugar Maple Asset Management LLC now owns 39,796 shares of the exchange traded fund’s stock worth $9,636,000 after purchasing an additional 1,581 shares during the last quarter. Pure Financial Advisors LLC raised its holdings in SPDR Gold Shares by 6.8% during the fourth quarter. Pure Financial Advisors LLC now owns 6,189 shares of the exchange traded fund’s stock worth $1,499,000 after purchasing an additional 396 shares during the last quarter. Breakwater Investment Management raised its stake in SPDR Gold Shares by 21.2% in the 4th quarter. Breakwater Investment Management now owns 2,142 shares of the exchange traded fund’s stock valued at $519,000 after purchasing an additional 375 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its holdings in SPDR Gold Shares by 3.5% in the 4th quarter. Harbor Investment Advisory LLC now owns 17,589 shares of the exchange traded fund’s stock valued at $4,259,000 after purchasing an additional 595 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
NYSEARCA:GLD opened at $249.27 on Tuesday. The company’s 50-day moving average is $243.85 and its two-hundred day moving average is $238.51. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71.
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).
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