West Coast Financial LLC Buys 109 Shares of SPDR Gold Shares (NYSEARCA:GLD)

West Coast Financial LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,119 shares of the exchange traded fund’s stock after buying an additional 109 shares during the period. West Coast Financial LLC’s holdings in SPDR Gold Shares were worth $1,966,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Mason & Associates Inc increased its holdings in SPDR Gold Shares by 20.0% during the 4th quarter. Mason & Associates Inc now owns 5,912 shares of the exchange traded fund’s stock worth $1,431,000 after purchasing an additional 987 shares in the last quarter. Financial Enhancement Group LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $233,000. Winch Advisory Services LLC boosted its holdings in shares of SPDR Gold Shares by 9.0% in the 4th quarter. Winch Advisory Services LLC now owns 2,423 shares of the exchange traded fund’s stock valued at $587,000 after buying an additional 200 shares during the last quarter. HCR Wealth Advisors increased its holdings in SPDR Gold Shares by 2.8% during the fourth quarter. HCR Wealth Advisors now owns 16,850 shares of the exchange traded fund’s stock worth $4,080,000 after buying an additional 455 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. lifted its stake in SPDR Gold Shares by 28.8% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 114,484 shares of the exchange traded fund’s stock valued at $27,720,000 after acquiring an additional 25,624 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.7 %

Shares of NYSEARCA:GLD opened at $250.69 on Thursday. The company has a 50-day simple moving average of $243.74 and a 200 day simple moving average of $237.81. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week 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).