Silver Oak Securities Incorporated Has $4.06 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Silver Oak Securities Incorporated grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 317.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,222 shares of the exchange traded fund’s stock after purchasing an additional 16,144 shares during the period. Silver Oak Securities Incorporated’s holdings in SPDR Gold Shares were worth $4,057,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in GLD. International Assets Investment Management LLC increased its stake in SPDR Gold Shares by 19,989.3% during the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after acquiring an additional 2,424,904 shares during the period. Toronto Dominion Bank raised its stake in SPDR Gold Shares by 14.5% in the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after purchasing an additional 591,368 shares in the last quarter. Euclidean Capital LLC lifted its position in SPDR Gold Shares by 91.4% during the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after purchasing an additional 507,500 shares during the period. Dagco Inc. grew its stake in SPDR Gold Shares by 24,465.7% during the third quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock worth $66,546,000 after buying an additional 386,558 shares in the last quarter. Finally, Bailard Inc. increased its stake in SPDR Gold Shares by 5,040.4% in the fourth quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock valued at $66,774,000 after acquiring an additional 342,496 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock traded up $0.70 during trading on Friday, reaching $216.62. 6,268,504 shares of the company’s stock were exchanged, compared to its average volume of 11,521,039. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09. The firm’s 50-day moving average price is $204.56 and its 200 day moving average price is $192.56.

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).