SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Catawba River Capital

Catawba River Capital boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 72,786 shares of the exchange traded fund’s stock after buying an additional 1,116 shares during the period. SPDR Gold Shares makes up approximately 10.5% of Catawba River Capital’s holdings, making the stock its 2nd biggest holding. Catawba River Capital’s holdings in SPDR Gold Shares were worth $17,624,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Ritholtz Wealth Management lifted its stake in SPDR Gold Shares by 11.2% in the 3rd quarter. Ritholtz Wealth Management now owns 6,045 shares of the exchange traded fund’s stock valued at $1,469,000 after purchasing an additional 611 shares during the last quarter. Annex Advisory Services LLC acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $445,000. Carnegie Investment Counsel boosted its stake in shares of SPDR Gold Shares by 3.1% during the 3rd quarter. Carnegie Investment Counsel now owns 7,599 shares of the exchange traded fund’s stock worth $1,847,000 after acquiring an additional 230 shares during the period. Armstrong Advisory Group Inc. boosted its stake in shares of SPDR Gold Shares by 12.9% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 2,686 shares of the exchange traded fund’s stock worth $653,000 after acquiring an additional 307 shares during the period. Finally, Redhawk Wealth Advisors Inc. increased its holdings in shares of SPDR Gold Shares by 191.0% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 88,860 shares of the exchange traded fund’s stock worth $21,598,000 after acquiring an additional 58,326 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.7 %

GLD stock opened at $268.37 on Tuesday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $268.66. The company has a fifty day moving average price of $248.30 and a two-hundred day moving average price of $242.21.

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).