Pacific Capital Wealth Advisors Inc. Invests $60,000 in SPDR Gold Shares (NYSEARCA:GLD)

Pacific Capital Wealth Advisors Inc. purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 314 shares of the exchange traded fund’s stock, valued at approximately $60,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC increased its stake in SPDR Gold Shares by 19,989.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after purchasing an additional 2,424,904 shares during the last quarter. Toronto Dominion Bank grew its holdings in shares of SPDR Gold Shares by 14.5% during 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 during the last quarter. Euclidean Capital LLC raised its position in shares of SPDR Gold Shares by 91.4% during the 3rd 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. raised its position in shares of SPDR Gold Shares by 24,465.7% during the 3rd quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock worth $66,546,000 after purchasing an additional 386,558 shares during the period. Finally, Bailard Inc. lifted its holdings in shares of SPDR Gold Shares by 5,040.4% in the 4th quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock worth $66,774,000 after purchasing an additional 342,496 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD traded down $0.99 during trading on Tuesday, reaching $214.21. 5,659,460 shares of the company were exchanged, compared to its average volume of 7,932,338. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09. The firm has a 50 day moving average of $208.23 and a 200 day moving average of $194.39.

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).