Breed s Hill Capital LLC Buys Shares of 2,870 SPDR Gold Shares (NYSEARCA:GLD)

Breed s Hill Capital LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,870 shares of the exchange traded fund’s stock, valued at approximately $549,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Compass Ion Advisors LLC raised its stake in shares of SPDR Gold Shares by 0.7% during the fourth quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock worth $1,589,000 after acquiring an additional 54 shares in the last quarter. Capital Market Strategies LLC grew its holdings in shares of SPDR Gold Shares by 4.6% during the 4th quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 55 shares during the last quarter. JB Capital LLC raised its position in SPDR Gold Shares by 2.4% in the 4th quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after purchasing an additional 55 shares during the period. Financial Sense Advisors Inc. lifted its stake in SPDR Gold Shares by 2.0% in the third quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock worth $496,000 after purchasing an additional 56 shares during the last quarter. Finally, Sandy Spring Bank grew its stake in shares of SPDR Gold Shares by 4.0% during the fourth quarter. Sandy Spring Bank now owns 1,456 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 56 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 1.6 %

Shares of GLD traded up $3.37 during trading hours on Thursday, hitting $216.95. The company had a trading volume of 7,630,552 shares, compared to its average volume of 7,891,479. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09. The stock’s 50 day moving average price is $208.74 and its 200 day moving average price is $194.52.

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).