VanderPol Investments L.L.C. Acquires Shares of 1,065 SPDR Gold Shares (NYSEARCA:GLD)

VanderPol Investments L.L.C. acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,065 shares of the exchange traded fund’s stock, valued at approximately $258,000.

A number of other institutional investors also recently bought and sold shares of GLD. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at about $35,000. Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at about $38,000. Sugarloaf Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 71 shares in the last quarter. Finally, Maryland Capital Advisors Inc. purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at about $40,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.5 %

Shares of NYSEARCA:GLD traded down $1.23 during midday trading on Wednesday, hitting $253.95. The stock had a trading volume of 1,223,239 shares, compared to its average volume of 6,378,467. The stock has a 50 day moving average price of $245.79 and a two-hundred day moving average price of $240.16. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year 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).