1,422 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by Cathy Pareto & Associates Inc.

Cathy Pareto & Associates Inc. bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,422 shares of the exchange traded fund’s stock, valued at approximately $344,000.

Several other institutional investors and hedge funds have also bought and sold shares of GLD. Kingswood Wealth Advisors LLC raised its holdings in SPDR Gold Shares by 37.6% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 19,137 shares of the exchange traded fund’s stock worth $4,634,000 after buying an additional 5,234 shares during the last quarter. Drive Wealth Management LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth $433,000. Legacy Financial Group LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth $298,000. Tennessee Valley Asset Management Partners raised its holdings in SPDR Gold Shares by 11.5% during the fourth quarter. Tennessee Valley Asset Management Partners now owns 1,980 shares of the exchange traded fund’s stock worth $479,000 after buying an additional 205 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in SPDR Gold Shares by 38.4% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,370 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 380 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

GLD opened at $255.65 on Monday. The company’s fifty day moving average price is $245.31 and its two-hundred day moving average price is $239.58. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71.

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).