SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by BCM Advisors LLC

BCM Advisors LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 251,955 shares of the exchange traded fund’s stock after buying an additional 3,152 shares during the quarter. SPDR Gold Shares accounts for approximately 12.6% of BCM Advisors LLC’s holdings, making the stock its 3rd largest holding. BCM Advisors LLC’s holdings in SPDR Gold Shares were worth $47,516,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Personal Financial Services acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth about $25,000. Johnson Midwest Financial LLC grew its position in shares of SPDR Gold Shares by 350.0% in the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 140 shares during the period. Private Ocean LLC increased its stake in SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 114 shares in the last quarter. First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $34,000. Finally, Worth Asset Management LLC bought a new position in SPDR Gold Shares in the first quarter valued at approximately $36,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.3 %

Shares of SPDR Gold Shares stock traded up $0.71 on Friday, hitting $221.05. The company had a trading volume of 8,683,517 shares, compared to its average volume of 7,892,074. The stock has a 50-day moving average of $200.89 and a 200-day moving average of $190.48. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month 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).