Pullen Investment Management LLC Purchases 66 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Pullen Investment Management LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,843 shares of the exchange traded fund’s stock after purchasing an additional 66 shares during the period. SPDR Gold Shares comprises approximately 1.2% of Pullen Investment Management LLC’s investment portfolio, making the stock its 27th largest position. Pullen Investment Management LLC’s holdings in SPDR Gold Shares were worth $1,663,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Manchester Financial Inc. raised its position in SPDR Gold Shares by 4.3% in the 3rd quarter. Manchester Financial Inc. now owns 2,267 shares of the exchange traded fund’s stock worth $551,000 after purchasing an additional 93 shares during the period. Clear Harbor Asset Management LLC grew its stake in shares of SPDR Gold Shares by 0.8% during the third quarter. Clear Harbor Asset Management LLC now owns 6,702 shares of the exchange traded fund’s stock valued at $1,629,000 after buying an additional 50 shares during the last quarter. Modera Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 8.3% in the third quarter. Modera Wealth Management LLC now owns 15,470 shares of the exchange traded fund’s stock worth $3,760,000 after buying an additional 1,190 shares during the period. Global Wealth Management LLC bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at about $289,000. Finally, Benedict Financial Advisors Inc. purchased a new stake in SPDR Gold Shares during the 3rd quarter valued at about $267,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.2 %

Shares of SPDR Gold Shares stock opened at $253.32 on Friday. SPDR Gold Shares has a one year low of $179.11 and a one year high of $253.94. The business’s 50 day simple moving average is $240.12 and its two-hundred day simple moving average is $226.35.

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).