Moody Lynn & Lieberson LLC Increases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Moody Lynn & Lieberson LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 187,402 shares of the exchange traded fund’s stock after buying an additional 3,453 shares during the quarter. SPDR Gold Shares makes up 2.8% of Moody Lynn & Lieberson LLC’s investment portfolio, making the stock its 11th largest holding. Moody Lynn & Lieberson LLC owned 0.06% of SPDR Gold Shares worth $45,376,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares in the third quarter worth $28,000. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares in the third quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $38,000. Sugarloaf Wealth Management LLC increased its stake in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. purchased a new position in SPDR Gold Shares in the third quarter valued at approximately $40,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $255.65 on Friday. The stock has a fifty day simple moving average of $245.31 and a two-hundred day simple moving average of $239.43. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71.

SPDR Gold Shares Company 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).