Ieq Capital LLC Raises Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Ieq Capital LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,853 shares of the exchange traded fund’s stock after buying an additional 2,480 shares during the period. Ieq Capital LLC’s holdings in SPDR Gold Shares were worth $8,923,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth about $28,000. Roxbury Financial LLC bought a new stake in SPDR Gold Shares during the fourth quarter worth approximately $31,000. PayPay Securities Corp increased its stake in SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares during the third quarter valued at approximately $35,000. Finally, Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $38,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 0.1 %

Shares of SPDR Gold Shares stock opened at $270.99 on Friday. The stock has a 50 day moving average price of $252.48 and a 200-day moving average price of $244.82. SPDR Gold Shares has a one year low of $187.05 and a one year high of $271.84.

About SPDR Gold Shares

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).