SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 23.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,586 shares of the exchange traded fund’s stock after acquiring an additional 1,235 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in SPDR Gold Shares were worth $1,595,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of GLD. Accel Wealth Management raised its holdings in SPDR Gold Shares by 49.4% during the fourth quarter. Accel Wealth Management now owns 5,944 shares of the exchange traded fund’s stock worth $1,439,000 after purchasing an additional 1,965 shares in the last quarter. PCG Wealth Advisors LLC grew its position in shares of SPDR Gold Shares by 10.4% in the fourth quarter. PCG Wealth Advisors LLC now owns 38,894 shares of the exchange traded fund’s stock valued at $9,417,000 after purchasing an additional 3,670 shares during the last quarter. Carr Financial Group Corp grew its position in shares of SPDR Gold Shares by 6.4% in the fourth quarter. Carr Financial Group Corp now owns 15,629 shares of the exchange traded fund’s stock valued at $3,784,000 after purchasing an additional 935 shares during the last quarter. CX Institutional acquired a new stake in SPDR Gold Shares during the fourth quarter worth approximately $312,000. Finally, Encompass More Asset Management acquired a new stake in SPDR Gold Shares during the fourth quarter worth approximately $1,114,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.6 %

NYSEARCA:GLD opened at $255.65 on Friday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The firm’s 50 day moving average is $245.31 and its two-hundred day moving average is $239.43.

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).