SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,236 shares of the exchange traded fund’s stock after acquiring an additional 100 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in SPDR Gold Shares were worth $619,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Choreo LLC boosted its position in SPDR Gold Shares by 29.8% during the fourth quarter. Choreo LLC now owns 11,077 shares of the exchange traded fund’s stock worth $2,118,000 after acquiring an additional 2,544 shares during the last quarter. McAdam LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth about $203,000. Mather Group LLC. boosted its position in SPDR Gold Shares by 66.6% during the fourth quarter. Mather Group LLC. now owns 3,303 shares of the exchange traded fund’s stock worth $631,000 after acquiring an additional 1,320 shares during the last quarter. Flaharty Asset Management LLC boosted its position in SPDR Gold Shares by 8.2% during the fourth quarter. Flaharty Asset Management LLC now owns 3,256 shares of the exchange traded fund’s stock worth $622,000 after acquiring an additional 247 shares during the last quarter. Finally, Eagle Wealth Strategies LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth about $215,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

GLD opened at $216.18 on Tuesday. The firm’s 50-day moving average price is $205.15 and its 200 day moving average price is $192.99. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month 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).