Disciplined Equity Management Inc. Makes New $95,000 Investment in SPDR Gold Shares (NYSEARCA:GLD)

Disciplined Equity Management Inc. acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 498 shares of the exchange traded fund’s stock, valued at approximately $95,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. increased its stake in shares of SPDR Gold Shares by 236.2% in the 3rd quarter. GHP Investment Advisors Inc. now owns 854 shares of the exchange traded fund’s stock valued at $153,000 after acquiring an additional 600 shares during the last quarter. Royal Fund Management LLC increased its stake in shares of SPDR Gold Shares by 10.6% in the 3rd quarter. Royal Fund Management LLC now owns 1,393 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 133 shares during the last quarter. Private Trust Co. NA increased its stake in shares of SPDR Gold Shares by 3.7% in the 3rd quarter. Private Trust Co. NA now owns 5,367 shares of the exchange traded fund’s stock valued at $920,000 after acquiring an additional 189 shares during the last quarter. Heritage Wealth Partners LLC increased its stake in shares of SPDR Gold Shares by 6.6% in the 3rd quarter. Heritage Wealth Partners LLC now owns 10,141 shares of the exchange traded fund’s stock valued at $1,739,000 after acquiring an additional 627 shares during the last quarter. Finally, SS&H Financial Advisors Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at about $1,783,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD traded down $0.39 on Wednesday, hitting $214.65. The company’s stock had a trading volume of 5,735,987 shares, compared to its average volume of 7,969,864. The firm’s fifty day moving average price is $203.35 and its 200-day moving average price is $191.95. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.09.

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).