SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Pointe Capital Management LLC

Pointe Capital Management LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,915 shares of the exchange traded fund’s stock after acquiring an additional 421 shares during the quarter. SPDR Gold Shares accounts for about 1.8% of Pointe Capital Management LLC’s holdings, making the stock its 9th largest position. Pointe Capital Management LLC’s holdings in SPDR Gold Shares were worth $2,660,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. First Personal Financial Services acquired a new stake in SPDR Gold Shares during the 4th quarter valued at $25,000. Private Ocean LLC raised its position in SPDR Gold Shares by 232.7% during the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 114 shares during the period. Naples Money Management LLC acquired a new position in SPDR Gold Shares during the fourth quarter valued at $31,000. GAMMA Investing LLC purchased a new stake in SPDR Gold Shares in the 4th quarter worth about $33,000. Finally, Johnson Midwest Financial LLC boosted its position in SPDR Gold Shares by 350.0% during the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 140 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.1 %

NYSEARCA:GLD traded down $0.17 on Friday, hitting $212.96. 8,679,910 shares of the company’s stock traded hands, compared to its average volume of 11,009,346. The firm has a 50-day moving average price of $207.17 and a 200-day moving average price of $193.75. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year 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).