Benjamin F. Edwards & Company Inc. Boosts Position in SPDR Gold Shares (NYSEARCA:GLD)

Benjamin F. Edwards & Company Inc. boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 39,489 shares of the exchange traded fund’s stock after purchasing an additional 1,429 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in SPDR Gold Shares were worth $7,549,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Aveo Capital Partners LLC increased its holdings in shares of SPDR Gold Shares by 116.1% during the 4th quarter. Aveo Capital Partners LLC now owns 23,077 shares of the exchange traded fund’s stock valued at $4,412,000 after purchasing an additional 12,396 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of SPDR Gold Shares by 4.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock valued at $201,659,000 after purchasing an additional 47,681 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of SPDR Gold Shares by 7.6% during the 4th quarter. Fisher Asset Management LLC now owns 5,588 shares of the exchange traded fund’s stock valued at $1,068,000 after purchasing an additional 396 shares in the last quarter. Summit Financial LLC increased its holdings in shares of SPDR Gold Shares by 2.3% during the 4th quarter. Summit Financial LLC now owns 20,011 shares of the exchange traded fund’s stock valued at $3,826,000 after purchasing an additional 445 shares in the last quarter. Finally, Howe & Rusling Inc. increased its holdings in shares of SPDR Gold Shares by 9.3% during the 4th quarter. Howe & Rusling Inc. now owns 1,733 shares of the exchange traded fund’s stock valued at $331,000 after purchasing an additional 147 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD traded down $0.14 during trading on Friday, hitting $212.99. 8,678,824 shares of the stock traded hands, compared to its average volume of 7,972,358. The company has a fifty day moving average price of $206.68 and a two-hundred day moving average price of $193.50. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09.

SPDR Gold Shares 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).