FFG Partners LLC Purchases 545 Shares of SPDR Gold Shares (NYSEARCA:GLD)

FFG Partners LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 79,895 shares of the exchange traded fund’s stock after buying an additional 545 shares during the period. SPDR Gold Shares comprises 6.8% of FFG Partners LLC’s investment portfolio, making the stock its 4th largest holding. FFG Partners LLC’s holdings in SPDR Gold Shares were worth $19,345,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $28,000. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter worth $38,000. Keystone Financial Group Inc. purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at $39,000. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of SPDR Gold Shares during the third quarter valued at $40,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $263.43 on Friday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $265.99. The stock has a 50-day moving average price of $247.54 and a 200 day moving average price of $241.49.

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).