Commons Capital LLC Purchases 3,556 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Commons Capital LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 91.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,444 shares of the exchange traded fund’s stock after acquiring an additional 3,556 shares during the period. SPDR Gold Shares makes up about 1.6% of Commons Capital LLC’s investment portfolio, making the stock its 14th largest position. Commons Capital LLC’s holdings in SPDR Gold Shares were worth $1,802,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Semmax Financial Advisors Inc. boosted its stake in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares during the period. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the third quarter valued at $28,000. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares during the third quarter valued at $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares in the third quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC lifted its stake in SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.5 %

NYSEARCA:GLD opened at $253.13 on Wednesday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The company has a 50-day moving average of $243.99 and a 200 day moving average of $238.73.

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).