Peddock Capital Advisors LLC Has $1.29 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Peddock Capital Advisors LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,759 shares of the exchange traded fund’s stock after purchasing an additional 227 shares during the period. Peddock Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $1,292,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of GLD. Peregrine Asset Advisers Inc. boosted its stake in SPDR Gold Shares by 89.7% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 4,509 shares of the exchange traded fund’s stock valued at $862,000 after purchasing an additional 2,132 shares during the period. Apollon Wealth Management LLC raised its stake in SPDR Gold Shares by 7.4% in the 4th quarter. Apollon Wealth Management LLC now owns 15,398 shares of the exchange traded fund’s stock worth $2,944,000 after purchasing an additional 1,064 shares in the last quarter. Lincoln National Corp boosted its holdings in SPDR Gold Shares by 19.2% in the 4th quarter. Lincoln National Corp now owns 46,211 shares of the exchange traded fund’s stock valued at $8,834,000 after purchasing an additional 7,450 shares during the period. Fielder Capital Group LLC acquired a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $222,000. Finally, Private Advisor Group LLC raised its position in shares of SPDR Gold Shares by 4.0% in the fourth quarter. Private Advisor Group LLC now owns 210,902 shares of the exchange traded fund’s stock valued at $40,318,000 after buying an additional 8,101 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 0.1 %

NYSEARCA GLD traded down $0.18 on Wednesday, hitting $214.03. 2,895,792 shares of the company’s stock were exchanged, compared to its average volume of 7,874,717. The stock has a 50-day moving average of $208.23 and a 200-day moving average of $194.39. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09.

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).