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

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

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

SPDR Gold Shares Trading Down 0.1 %

GLD stock traded down $0.17 during trading on Friday, hitting $212.96. The stock had a trading volume of 8,679,910 shares, compared to its average volume of 11,009,346. The company’s 50 day moving average price is $207.17 and its two-hundred day moving average price is $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).