Baron Silver Stevens Financial Advisors LLC Buys 415 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Baron Silver Stevens Financial Advisors LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 28.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,850 shares of the exchange traded fund’s stock after acquiring an additional 415 shares during the period. Baron Silver Stevens Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $448,000 as of its most recent filing with the SEC.

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

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $254.43 on Thursday. The company’s 50-day moving average is $244.59 and its 200-day moving average is $239.07. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).