Joseph P. Lucia & Associates LLC Grows Stake in SPDR Gold Shares (NYSEARCA:GLD)

Joseph P. Lucia & Associates LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 10.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,257 shares of the exchange traded fund’s stock after acquiring an additional 120 shares during the quarter. Joseph P. Lucia & Associates LLC’s holdings in SPDR Gold Shares were worth $304,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Romano Brothers AND Company increased its holdings in SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after buying an additional 40 shares during the last quarter. Delta Financial Group Inc. increased its stake in shares of SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares in the last quarter. Magnus Financial Group LLC raised its holdings in SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares during the period. Spinnaker Trust grew its holdings in SPDR Gold Shares by 1.1% during the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after purchasing an additional 43 shares during the period. Finally, Adirondack Trust Co. raised its stake in shares of SPDR Gold Shares by 3.3% in the fourth quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 43 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $252.99 on Tuesday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The company’s 50 day moving average is $245.31 and its two-hundred day moving average is $239.72.

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).