Oxbow Advisors LLC Purchases 1,799 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Oxbow Advisors LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 6.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 29,133 shares of the exchange traded fund’s stock after acquiring an additional 1,799 shares during the period. Oxbow Advisors LLC’s holdings in SPDR Gold Shares were worth $7,054,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Romano Brothers AND Company raised its stake in SPDR Gold Shares by 1.0% in the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares during the period. Clarus Group Inc. raised its stake in SPDR Gold Shares by 2.2% in the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 40 shares during the period. Magnus Financial Group LLC raised its stake in SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after acquiring an additional 41 shares during the period. Pittenger & Anderson Inc. raised its stake in SPDR Gold Shares by 25.9% in the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 41 shares during the period. Finally, Gradient Capital Advisors LLC raised its stake in SPDR Gold Shares by 0.7% in the 4th quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock valued at $1,391,000 after acquiring an additional 42 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 0.1 %

Shares of GLD opened at $270.74 on Friday. The business’s 50-day moving average price is $253.00 and its 200-day moving average price is $245.15. SPDR Gold Shares has a twelve month low of $187.05 and a twelve month high of $271.84.

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).