Gunderson Capital Management Inc. Acquires 426 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Gunderson Capital Management Inc. grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,264 shares of the exchange traded fund’s stock after purchasing an additional 426 shares during the quarter. Gunderson Capital Management Inc.’s holdings in SPDR Gold Shares were worth $1,275,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Romano Brothers AND Company grew its stake in SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 40 shares during the last quarter. Delta Financial Group Inc. grew its position in shares of SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 41 shares during the last quarter. Spinnaker Trust grew its position in shares of SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after buying an additional 43 shares during the last quarter. Compton Wealth Advisory Group LLC raised its stake in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 44 shares in the last quarter. Finally, Acorn Wealth Advisors LLC lifted its position in SPDR Gold Shares by 1.4% during the third quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock valued at $788,000 after acquiring an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $245.74 on Tuesday. The company has a 50 day moving average of $243.87 and a two-hundred day moving average of $237.59. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.

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).